Breaking News: Major $DEXE Short Liquidation!
A $5,321.9 short position on $DEXE has been liquidated at a price of $19.61187!
This event signals a potential shift in market sentiment, catching traders off-guard as DEXE continues its momentum.
Short liquidations often lead to a surge in buying pressure, pushing prices even higher.
What does this mean?
1️⃣ Traders betting against $DEXE (shorting) underestimated the bullish pressure.
2️⃣ A liquidation of this size indicates significant leveraged trading activity.
3️⃣ The price point of $19.61187 might now act as a psychological support level.
Is this just the beginning of a larger rally, or will bears regain control?
Stay tuned as the market unfolds!
Pro Tip for Traders: Always manage risk and monitor leverage levels during volatile periods.
Current Market Status:
DEXE remains in the spotlight, with increased trading volume and heightened volatility.
Could this liquidation fuel the next big move?
yeah 👍