đ $DEXE /USDT Technical Analysis (4H Chart)
â ď¸ Current Price: $10.637 (â0.21%)
𧨠Flash Crash Fallout Still Lingering
On June 3, DEXE suffered a massive red candle, plunging from ~$13.5 to sub-$9.00 in one brutal move â possibly a liquidation cascade or whale exit.
Since then, the price has been gradually recovering but remains trapped below major resistance levels.
đ Moving Averages:
MA(7): $10.514
MA(25): $10.058
MA(99): $11.988
đ Short-term MAs are recovering, but price is still below the critical MA(99) â trend isnât bullish yet.
đ§ Structure & Momentum:
Price is forming a slow grind-up recovery, printing higher lows.
This consolidation could become a bull flag, but needs a strong breakout above $10.80â$11.00 to confirm.
Lack of volume is a concern â without a catalyst, upside may stall.
âď¸ Key Levels to Watch:
Resistance: $10.80 â $11.20 â $11.90 (MA99 zone)
Support: $10.05 (MA25), strong demand at $9.60â$9.80 range
đŻ Trading Plan:
Short-term scalpers may look for a breakout above $10.80 with tight stops.
Swing traders should wait for a clean reclaim of MA(99) for a bullish confirmation.
Breakdown below $10.00 = risk of retesting $9.50 or lower.
â ď¸ DYOR â Do Your Own Research.
This is not financial advice. Markets can be volatile â always trade responsibly!