🚨 $DEXE — The Bearish Trend Is Still In Control 📉
I’m not looking for a reversal here yet. The data is still heavily bearish.
DEXE is around $1.818, while the performance tells the bigger story:
🔻 7D: -16.41%
🔻 30D: -94.88%
🔻 90D: -86.90%
🔻 1Y: -75.35%
This is not just a small correction. The chart is showing a clear lower-high / lower-low structure, and the longer-term numbers confirm how aggressively the selling pressure has damaged the trend.
My view is simple:
As long as DEXE cannot break and hold above the previous resistance structure, I expect the bearish pressure to continue and another move lower remains likely.
⚠️ I would not call a bottom just because the price looks heavily oversold.
Sometimes the biggest mistake is trying to catch the bottom while the trend is still falling.
For me, the trend remains bearish until the chart proves otherwise.
What do you think — how much lower can DEXE go? 👇
This is my personal opinion based on the chart and the data shown above. It is not financial advice or a recommendation to invest.
$DEXE #DEXE #Crypto #BinanceSquare #Trading
I’m not looking for a reversal here yet. The data is still heavily bearish.
DEXE is around $1.818, while the performance tells the bigger story:
🔻 7D: -16.41%
🔻 30D: -94.88%
🔻 90D: -86.90%
🔻 1Y: -75.35%
This is not just a small correction. The chart is showing a clear lower-high / lower-low structure, and the longer-term numbers confirm how aggressively the selling pressure has damaged the trend.
My view is simple:
As long as DEXE cannot break and hold above the previous resistance structure, I expect the bearish pressure to continue and another move lower remains likely.
⚠️ I would not call a bottom just because the price looks heavily oversold.
Sometimes the biggest mistake is trying to catch the bottom while the trend is still falling.
For me, the trend remains bearish until the chart proves otherwise.
What do you think — how much lower can DEXE go? 👇
This is my personal opinion based on the chart and the data shown above. It is not financial advice or a recommendation to invest.
$DEXE #DEXE #Crypto #BinanceSquare #Trading