$DEXE Just Faced a Long Liquidation at $9.189 – The Storm Might Be Brewing!
A wave of long positions just got wiped out at $9.189 with over $3K liquidated. This isn’t just a number; it’s a signal. Whales might be shaking the market. Now is the time to sharpen your strategy.
Technical Analysis & Trade Setup:
🔍 Buy Zone:
$8.20 – $8.45
This is a crucial demand zone formed after the liquidation wick. If price re-tests this zone with volume holding, it could be a strong long entry.
🎯 Targets:
First Target: $9.10
Second Target: $9.60
Final Target (Bullish Extension): $10.35
🛑 Stop Loss:
Below $7.95
Break below this level invalidates the structure. Watch for volume drop and breakdown candle as confirmation to exit.
Market Psychology Insight:
Liquidations of this size often shake out weak hands. If $DEXE holds above $8.20 and reclaims $8.90 with strength, expect a rapid move as traders re-enter. This zone is where smart money often steps in.
Final Words:
The market just gave a warning shot. The next few hours could define the trend. Stay alert. Don’t follow the crowd. Follow the footprints of the whales.
#DEXE/USDT #MarketPullback $DEXE