$DEXE /USDT ā Short Trade Setup šÆ š„ Confirmed Don't Miss out
Current Price: 7.576
$DEXE has shown signs of exhaustion after a sharp rally. Price faced rejection near 7.625 and formed a lower high. Wick rejections and volatility spikes suggest sellers are stepping in near resistance.
ENTRY ZONE:
Enter short between 7.570 ā 7.600 on confirmation of another lower high or bearish candle.
STOP LOSS:
Set stop-loss above 7.640 to guard against a false breakout.
TARGET POINTS:
ā¢ TP1: 7.450
ā¢ TP2: 7.320
ā¢ TP3: 7.150
TRADE INSIGHT:
Despite recent bullish moves, the price is struggling to hold above resistance and is printing possible reversal patterns. If selling volume increases and a bearish engulfing forms near 7.600, it could mark the start of a short-term correction. Use tight risk control and monitor volume reaction around the entry zone.