$DEXE
usdt short trade setup
Current price :$8.173
$DEXE is at a key resistance zone after a strong rally. Technical indicators suggest a pullback is due. A short from $8.10–$8.30 targets a move down to $7.30–$6.95, assuming no major bullish breakout. Use tight stop loss due to low liquidity and volatility risk.
Short Trade Setup
Entry Zone: $8.10 – $8.30
Targets
1. TP1: $7.90
2. TP2: $7.65
3. TP3: $7.30
4. TP4: $6.95
Stop Loss:
$8.45 (above recent high and resistance)
Key Resistance Zone:
$8.25 – $8.45
Key Support Zone:
$7.60 – $7.30
#DEXE pumped sharply to $8.3 but faced rejection. The price is now consolidating just under resistance, with signs of buyer exhaustion.