$DEXE just saw a short liquidation of $2.1816K at $5.40473. I’m watching this closely because this pullback is healthy—it’s clearing weak shorts and giving the market a chance to reset before the next move.
The trade setup I’m focusing on has an Entry Zone between $5.35–$5.45. Target 1 is $5.20, and Target 2 is $5.05. Stop Loss is at $5.50 to protect against sudden spikes.
This zone is strong because it matches a previous reaction area from mid-February and aligns with the 0.618 retracement of the last upward swing. Price has tested this level multiple times, showing sellers are active but buyers are defending it.
If this level holds, they’re building strength, and
$DEXE could see a solid bounce. I’m watching for confirmations before committing further.
#DEXE #CryptoTrading #ShortLiquidation #SupportZone #MarketWatch