$DEXE – SHORT TRADE SIGNAL: BEARISH REJECTION AT UPPER RANGE!
$DEXE has faced a clear rejection from the $6.85 resistance zone after a sharp move up, forming a wick-top candle indicating seller dominance. The inability to sustain above $6.60 suggests weakening momentum, with potential downside if price breaks below $6.52 support.
Trade Setup:
Short Entry: $6.56 – $6.60
Target 1: $6.48
Target 2: $6.42
Target 3: $6.34
Stop Loss (SL): $6.66
Market Outlook:
Momentum is turning bearish after rejection at the upper zone. A sustained move below $6.50 could accelerate the decline as selling pressure increases.