🔥 $DEXE About to Erupt? Smart Money Just Got Liquidated!
$4,230 worth of short positions wiped out at $9.725 – a sign that the bears are losing grip and the momentum is shifting. When the market hunts shorts, it often signals an incoming rally. The pressure is now on the upside.
Chart Analysis & Strategy:
Buy Zone:
$8.80 – $9.10
This is a key accumulation area where bulls may reload after liquidity sweep. Wait for a confirmed higher low or a strong bounce from this range.
Target Levels:
Target 1: $9.75 (Reclaim of liquidation zone)
Target 2: $10.40 (Previous structure resistance)
Target 3: $11.20 (Breakout and trend extension level)
Stop Loss:
$8.55
Breach below this could indicate failed bullish structure and renewed downside pressure.
Analysis Insight:
The liquidation at $9.725 is a powerful signal that shorts are getting squeezed. If $DEXE reclaims this level with strong volume, it could trigger a breakout rally toward double-digit pricing. Watch for consolidation and strength above the $9.10 zone. Volume spike + reclaim = ignition.
Conclusion:
The liquidation wick wasn’t a mistake. It was a message. $DEXE could be preparing for its next major leg up. Position wisely, manage your risk, and stay sharp.