$DEXE Short Liquidation Alert: $5.8722K at $1.32258

$DEXE just saw a significant short liquidation of $5.8722K at $1.32258, suggesting strong buying pressure. This could signal a potential bullish reversal, creating an opportunity for a price surge.

Key Levels to Watch:

Buy Zone: $1.30 - $1.33

Look for a confirmation of price stability and potential bounce in this range before entering.

Targets:

First Target: $1.40

Second Target: $1.45

Third Target: $1.50

Stop Loss: $1.25

Action Plan:

1. Entry:

Wait for $DEXE to stabilize and show signs of upward momentum around the $1.30 - $1.33 zone.

Look for confirmation such as a price bounce or increase in volume before entering the trade.

2. Targets:

$1.40: First resistance level. Consider taking partial profits.

$1.45: Second resistance. Lock in more profits if the price reaches here.

$1.50: Final target if the price continues to rise.

3. Stop Loss:

Set your stop loss at $1.25 to minimize risks if the price reverses.

Why It Could Be Bullish:

After the short liquidation, there’s a strong possibility of a price surge as buying pressure intensifies.

If the price stays above $1.30, DEXE could make its way toward higher targets.

Final Thoughts:

Watch for price stabilization and volume confirmation before entering.

With strong buying pressure following the short liquidation,

DEXE could see upward movement towards the target levels. Always stick to your risk management!

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