$DEXE Sparks Fire After $1.83K Shorts Get Liquidated at $10.632
A silent storm just broke out on $DEXE. Bears miscalculated — and paid the price. With a sudden move that liquidated over $1.83K in shorts at $10.632, momentum is now tilting in favor of the bulls. This isn’t just a bounce — it could be the start of a vertical push.
When fear and greed collide, opportunity rises. The question is: are you ready for the next wave?
$DEXE Technical Analysis
Trend Overview:
DEXE recently saw a short squeeze, indicating strong upward pressure. Price is holding above key EMAs on the 4H and Daily timeframe, suggesting momentum continuation is likely. Volumes are gradually building, and RSI is not yet in the overbought zone.
Buy Zone
$10.20 – $10.60
Ideal entry range around the previous short liquidation level.
Support confirmed by horizontal structure and prior demand zone.
Targets
1. Target 1: $11.45
Prior resistance and Fibonacci 0.618 extension level.
2. Target 2: $12.30
Breakout projection and volume node alignment.
3. Target 3: $13.85
Macro-level resistance from historical chart structure.
Stop-Loss
$9.74
Below recent support and below the 50 EMA to protect from fakeouts.
Clean invalidation level if price loses bullish structure.
Conclusion:
The liquidation event at $10.632 isn’t just a number. It marks a shift in sentiment. $DEXE has shown it can punish shorts. With momentum turning bullish and price structure aligning with technical confluence, this could be the start of a strong leg up.
Stay focused. Watch the zone. Trade the setup. Let the chart do the talking.