$DEXE /USDT TRADE UPDATE – SHORT-TERM REJECTION AFTER SPIKE

Price: $13.29

24H Change: +0.92%

24H Range: $13.069 – $13.531

Current Structure: Sharp upside wick followed by consistent sell pressure

Chart Analysis:

$DEXE spiked aggressively to $13.531, but the move was immediately rejected with a strong upper wick, indicating a liquidity grab or stop-hunt. Price is now retracing with lower highs forming post-spike. If the breakdown continues below $13.20, $13.05 becomes the key support zone.

While the bullish impulse was strong, the lack of follow-through suggests bulls may be exhausted short-term. A consolidation between $13.05–$13.35 is likely unless bulls reclaim $13.45 with momentum.

Trade Plan:

• Short-term bias: Neutral to bearish under $13.35

• Key support: $13.05

• Breakout confirmation: Daily close above $13.55