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$DEXE /USDT SHORT TRADE SIGNAL – BULL TRAP DETECTED NEAR $10.60, REVERSAL IN PROGRESS!

$DEXE pumped sharply from $8.80 to a high of $10.68 but failed to hold above the $10.10 resistance zone. Price is now consolidating below key resistance, with lower highs forming and exhaustion candles appearing on the 1H chart — a possible setup for a bearish reversal.

Trade Setup (SHORT):
Entry Zone: $9.85 – $10.10
Target 1: $9.20
Target 2: $8.75
Target 3: $8.30
Stop Loss: $10.70

Why Short?
The sharp wick rejection from $10.68 and weak follow-up candles suggest fading bullish momentum. Volume is declining on the bounce, and price action shows hesitation below supply. If it fails to reclaim $10.10 soon, a deeper drop is likely.

Risk Management Tip:
Place a tight SL above $10.70 to limit risk. Trail stop as price drops below $9.50 to protect early profits. Avoid over-leveraging as volatility increases.

Sell smart — don’t chase green candles when the trend is turning red!

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