$DEXE – BEARISH PULLBACK FORMATION
After failing to hold above $7.30, $DEXE has formed a clear lower-high structure, signaling weakness near short-term resistance. The price rejection from the upper wick and consistent selling pressure near $7.20 confirm a possible bearish continuation toward local support. Sellers are regaining control as buyers fail to defend the $7.05 zone, opening the door for another leg down before any major recovery attempt.
Trade Setup (Short):
• Entry: $7.06 – $7.10
• Target 1: $6.90
• Target 2: $6.75
• Target 3: $6.60
• Stop Loss (SL): $7.21
Market Outlook:
Momentum remains weak with rejection candles forming at resistance. If price sustains below $7.00, further downside is expected in the short term.