$DEXE Let's break down the details for the long liquidation and the next steps for your trade.
Long Liquidation Overview.
Long Liquidation Amount: $2,000.30
Liquidation Price. $13.0253 This means a trader's long position in $DEXE was liquidated at $13.0253, with a total liquidation value of around $2,000. This indicates a strong movement in the market that affected the trader's position.
Next Steps for $DEXE.
1. Buy Zone.
Buy Zone. $12.50 to $12.80 This is a good entry range where the price could stabilize and potentially bounce back. Watch the price closely around this zone for potential entry opportunities.
2. Target.
Target Price. $15.00 to $16.00 If $DEXE shows bullish momentum after entering the buy zone, your target range would be between $15.00 to $16.00. This is where you can aim to take profits if the market moves in your favor.
3. Stop Loss.
Stop Loss. $11.50 to $11.80 To protect your investment in case the price falls, set a stop loss at $11.50 or lower. This helps to limit potential losses if the market doesn't move as expected.
Key Points to Keep in Mind.
Always keep an eye on overall market conditions and trends before entering a trade.
Make sure to confirm price action at the buy zone before committing to a position.
Consider using proper risk management and adjust your stop loss or take profits if the market moves in your favor.
This setup gives you a clear idea of where to enter and exit, but remember to manage your trade actively and stay updated with market conditions.
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