DEXE/USDT Warning: Don't chase the pump at the top! đ
â$DEXE is currently leading the top gainers list with a massive 23%+ pump, but the charts are flashing major warning signs right now.
âđ The Setup:
âRSI Alert: RSI has smashed past 82+ on both the 15m and 1h timeframes. This is heavily overbought.
âRejection: Strong rejection candle seen at the $49.40 resistance level.
âMy View: Buying here is extremely risky. It looks like a classic bull trap before the correction starts. Watch out for a drop back towards the $43 - $40 zones soon. Keep your capital safe and don't become the exit liquidity!
â$DEXE is currently leading the top gainers list with a massive 23%+ pump, but the charts are flashing major warning signs right now.
âđ The Setup:
âRSI Alert: RSI has smashed past 82+ on both the 15m and 1h timeframes. This is heavily overbought.
âRejection: Strong rejection candle seen at the $49.40 resistance level.
âMy View: Buying here is extremely risky. It looks like a classic bull trap before the correction starts. Watch out for a drop back towards the $43 - $40 zones soon. Keep your capital safe and don't become the exit liquidity!