$DEXE
Long Position Liquidated: $1.0121K at $13.96629
A $1.01K long position on DEXE (DeXe Network) was liquidated as the price dropped to $13.96629, signaling bearish pressure in the market.
Breakdown:
Market Trend: Sellers have gained momentum, leading to a decisive dip below critical support levels.
Potential Impact: This liquidation could intensify bearish sentiment unless buyers step in to reclaim lost ground.
Key Support: Watch for stability around $13.90 to gauge market strength.
Strategic Viewpoint:
The current trend suggests caution for long positions. Traders might explore short opportunities or wait for confirmation of a reversal before re-entering.