Breaking: Major $DEXE Long Liquidation
A massive $6,571.7 long position in $DEXE was liquidated at $14.60368, shaking the market and hinting at potential further volatility.
This critical price action reflects heightened uncertainty, leaving traders on edge.
Key Details:
Liquidation Amount: $6,571.7
Liquidation Price: $14.60368
Market Sentiment: Increased bearish pressure
Next Moves:
1. Set a Stop Loss:
For long positions: Place a stop loss near $14.50 to protect against further downside.
For short positions: Consider setting it near $15.00 in case of a rebound.
2. Watch Critical Levels:
Support: $14.50
Resistance: $15.00
A break below $14.50 could signal further sell-offs, while a bounce above $15.00 might indicate recovery.
3. Manage Risk:
Reduce position sizes.
Avoid overleveraging in volatile conditions.
Stay alert and ready to adapt—this could be a turning point for $DEXE .