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$DEXE 1H: Rejection at MA99 – Is the Pullback Creating the Next Opportunity?
📊 Timeframe: 1H (Analysis based only on the uploaded chart)
📊 Market Bias: Neutral → Slightly Bearish
$DEXE was rejected near the MA99 and has retraced toward the MA25. The broader 1H trend is still recovering from the recent low, but bulls need to reclaim the long-term moving average to regain momentum.
🎯 Trade Setup: WAIT
Long Entry: On a confirmed 1H close above 2.36–2.38 with rising volume.
Stop Loss: Below 2.22
TP1: 2.42
TP2: 2.48
TP3: 2.60
Risk:Reward: 1:2.3
Trade Invalidation: A 1H close below 2.22 shifts momentum back to the downside.
📈 Technical Analysis
Price Action: Pullback after a failed breakout near MA99.
Market Structure: Recovery attempt remains intact, but no confirmed bullish break of structure yet.
Support: 2.22–2.24
Resistance: 2.36 (MA99), then 2.48
MA Structure: MA7 > MA25, but price remains below the MA99, keeping the larger trend cautious.
Volume: Volume increased during the rejection; buyers need stronger follow-through for continuation.
SMC: Liquidity above the recent swing high was swept before rejection. Wait for a bullish BOS above 2.36 before considering longs.
Order Block / FVG: Demand is near 2.22–2.24; supply sits around 2.36–2.48.
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