$DEXE SHARP DROP, BUT CONSOLIDATION SIGNALS POSSIBLE REVERSAL!
DEXE is currently trading at $13.568, down -8.25% after a strong sell-off. Price is holding just above key support, forming a short-term consolidation. A breakout could fuel recovery—but a breakdown may extend the downtrend.
Key Levels to Watch:
• Resistance: $13.85 – A breakout here could spark short-term bullish momentum.
• Support: $13.30 – Breaking below this may invite another leg lower.
Trade Setup – Breakdown Continuation or Relief Rally?
Bullish Scenario:
• Entry Trigger: Break and hold above $13.85
• Target 1 (TP1): $14.20
• Target 2 (TP2): $14.60
Bearish Scenario:
• Entry Trigger: Drop below $13.30
• Target 1 (TP1): $13.00
• Target 2 (TP2): $12.60
Stop-Loss (Risk Management):
• Longs: Below $13.30
• Shorts: Above $13.85
Volume Insight: 37.32K – elevated trading activity signals strong market interest. Monitor closely for decisive volume confirmation.