🟢$DEXE
DEXE Short Liquidation Alert: $3.639K at $7.1807
⚡ Market Insight:
Short liquidations indicate bearish traders are being forced to close positions as price moves upward. The $7.18 level may now act as a support zone on pullbacks, as previously shorted positions are cleared and momentum shifts bullish in the short term.
📈 Trade Idea (Bullish Setup):
Entry: $7.15 – $7.20 (on retest)
Stop Loss (SL): $6.95
Take Profit (TP1): $7.40
Take Profit (TP2): $7.65
Take Profit (TP3): $8.00
🔥 Pro Tip:
If price holds above $7.18 and forms higher lows, it signals strength. A retest + bounce with volume confirmation increases the probability of continuation upward.
⚠️ After short squeezes, markets often cool off with consolidation before the next leg—watch for fake breakouts and confirm structure before entering.