📊 $DEXE /USDT Technical Analysis (4H Chart)

⚠️ Current Price: $10.637 (–0.21%)
🧨 Flash Crash Fallout Still Lingering

On June 3, DEXE suffered a massive red candle, plunging from ~$13.5 to sub-$9.00 in one brutal move — possibly a liquidation cascade or whale exit.

Since then, the price has been gradually recovering but remains trapped below major resistance levels.

📈 Moving Averages:

MA(7): $10.514

MA(25): $10.058

MA(99): $11.988

👉 Short-term MAs are recovering, but price is still below the critical MA(99) — trend isn’t bullish yet.

🧠 Structure & Momentum:

Price is forming a slow grind-up recovery, printing higher lows.

This consolidation could become a bull flag, but needs a strong breakout above $10.80–$11.00 to confirm.

Lack of volume is a concern — without a catalyst, upside may stall.

⚔️ Key Levels to Watch:

Resistance: $10.80 → $11.20 → $11.90 (MA99 zone)

Support: $10.05 (MA25), strong demand at $9.60–$9.80 range

🎯 Trading Plan:

Short-term scalpers may look for a breakout above $10.80 with tight stops.

Swing traders should wait for a clean reclaim of MA(99) for a bullish confirmation.

Breakdown below $10.00 = risk of retesting $9.50 or lower.

⚠️ DYOR – Do Your Own Research.

This is not financial advice. Markets can be volatile — always trade responsibly!