$DEXE ⚠️ “DEXEUSDT — The Wild Ride Continues: Can It Recover or Is This a Trap?” 🏔️💥
> Volatility Alert! A sharp drop after the high. Are we going to see a bounce back or will this bloodbath continue? Time to analyze this thrilling market action! 💣📉
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📊 Current Stats
Price: $8.23 (–7.43%) 📉
24h High: $9.010
24h Low: $8.029
Volume: 3.26M DEXE / 27.06M USDT
RSI: 54.29 – Neutral zone ⚖️
MACD: Bearish momentum continues
EMA(7)
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🔍 Why is DEXE in the Red?
Heavy rejection at $9 level—is the bear market kicking in?
RSI cooling below 70, which indicates fading buying pressure.
MACD still below zero – showing downward momentum 🛑.
Support at $8.02 (previous low)—a critical level to hold. If broken, it could trigger a deeper dip.
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🎯 Spot Strategy — Bearish Play or Wait for Reversal?
Buy Zone: $8.02–$8.12 (watch for rejection and bullish candles)
TP1: $8.45 (if short-term bounce happens)
TP2: $8.60–$8.80 (potential recovery)
SL: $7.90 (below the critical support)
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⚔️ Futures Strategy — Bear Setup (if momentum holds)
Short Setup:
Entry: $8.30 (if no bounce above $8.45)
TP1: $8.05
TP2: $7.90
SL: $8.55
Leverage: 2x to 3x (keep it moderate due to market volatility)
> ⚡Let the bears take control and capitalize on price dips.
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📌 Important Watchpoints
Critical Support: $8.02
EMA Trends: If EMA(7) crosses back above EMA(25), it’s a sign of recovery.
Volume: Low volume could signal a lack of buying pressure, indicating a potential sideways or down trend.
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