Market Overview for $DEXE

Short Liquidation: $5.0278K liquidated at $16.75948, indicating strong buying pressure as short positions were forced to close.

Market Sentiment: Current trend appears bullish, driven by short squeezes. Buyers are in control for now.

Key Trading Levels for $DEXE

Buy Zone:

Entry Range: $16.30 - $16.75

Look for entries near this range if the price shows signs of support and stability.

Targets:

1. Target 1 (T1): $17.50 – A minor resistance level where partial profit-taking is recommended.

2. Target 2 (T2): $18.30 – A stronger resistance area reflecting bullish continuation.

3. Target 3 (T3): $19.50 – Extended target if momentum sustains and volume supports the breakout.

Stop Loss:

Place a strict stop loss below $16.00 to protect your position from unexpected downside movement.

Market Insights and Strategy

1. Volume Confirmation: Always check if buying volume increases around the buy zone to avoid entering prematurely.

2. Risk Management: Only invest 2-3% of your capital per trade to stay safe from high volatility.

3. Breakout Watch: If DEXE breaks above $17.50, wait for a retest or consolidation before adding more positions.

4. Trend Support: Keep an eye on overall crypto market trends. Positive sentiment across markets will further support DEXE's bullish move.

Next Steps for Traders

If price dips to $16.30-$16.75: Enter confidently, but wait for confirmation of support.

If price moves above $17.50 with volume: Add more positions for higher targets like $18.30 or $19.50.

If price falls below $16.00: Exit quickly to minimize losses.

Quick Tips for Success

Stay calm and follow your trading plan.

Watch for sudden news or whale activity that could impact the price.

Take profits at each target level to secure gains.

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