
$DEXE is consolidating near a major demand zone after the recent long liquidation, suggesting weak leveraged longs have been flushed out. Buyers are attempting to defend support, and a reclaim of resistance could restore bullish momentum.
EP
2.25 – 2.30
TP
2.36
2.45
2.58
SL
2.18
Support
2.23
Resistance
2.37
Next Target
2.70
Pro Tip
Long liquidations often reset market structure and create higher-probability reversal setups. Wait for a confirmed bounce from the demand zone or a breakout above resistance with strong volume before increasing your position.
Price remains above a key support area despite recent weakness. A reclaim of nearby resistance could trigger expansion toward higher targets.
Let’s go $DEXE
#SK Hynix Q2 earnings #Nasdaq 100 declines from record high #AI models generate playable games #Fed rate hike speculation #Fed maintains rates amid dissent
