$DEXE /USDT BEARISH CONSOLIDATION — SIDEWAYS CHOP HINTS AT WEAK MOMENTUM
$DEXE is struggling to gain a clear directional bias, currently hovering around $14.02 after multiple rejections from the $14.40 resistance. The 15-minute chart shows indecisive candles with long wicks on both ends, reflecting uncertainty and possible seller dominance just below the highs.
Trade Setup:
Entry Zone: $14.05 – $14.15 (Short)
Take-Profit Targets: $13.80 / $13.40 / $12.90
Stop Loss: $14.42
Market Outlook:
With the price getting repeatedly rejected near $14.30–$14.40 and failing to break out, the structure currently favors bears unless a strong volume breakout occurs. Watch the $13.80 support — a break below could trigger a sharper decline.
Risk Management:
Keep risk tight. Set stop-loss above resistance and reduce size in volatile chop zones.
Follow community — be early, be profitable! Tap in before the market leaves you behind because every trend rewards the bold. Don’t let this bearish wave pass you by — enter smart, stay ahead!
#CEXvsDEX101 #PCEMarketWatch #TradingTypes101 #MarketPullback #ElonMuskDOGEDeparture $DEXE