$DEXE Short Liquidation Alert

A total of $5.0415K was liquidated at $19.61919, signaling that bullish pressure is forcing shorts to exit the market.

What’s Next?

The liquidation event suggests that buyers are gaining momentum. Here’s your detailed trading strategy:

Buy Zone

Entry Range: $19.200 - $19.600

Look for entry opportunities within this support range for a potential bounce.

Target Levels

Target 1: $20.500 (short-term resistance level)

Target 2: $21.500 (mid-term target)

Target 3: $22.500 (psychological breakout level)

Stop Loss

$18.900

Protect your position by placing a stop loss below this level in case the trend reverses.

Key Insights

Bullish Momentum: The liquidation highlights growing buying interest, which could lead to further upside.

Volume Watch: Confirm the trend by monitoring for increased volume in the buy zone.

Market Influence: Broader market conditions and BTC trends could impact DEXE’s trajectory.

Pro Tips for Trading $DEXE

1. Confirm Trend Reversal: Wait for bullish candlestick patterns or higher lows before entering.

2. Risk Management: Stick to your stop-loss and position-sizing rules to minimize potential losses.

3. Stay Informed: Keep an eye on market updates and news related to DEXE and its ecosystem.

Final Thought:

$DEXE ’s short liquidation hints at a strong bullish setup. Plan your trade wisely, manage your risks, and capitalize on the momentum!

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