DEXE /USDT Short Trading Signal – Bear Flag Breakdown After Significant Drop!

$DEXE has collapsed by more than -36% in the last 24 hours, currently trading around $9.06 after losing key support at $10.00. The price structure shows a clear break below the descending channel, with no strong rebound so far. The market is in a panic sell mode, and increased volume confirms distribution - further declines seem likely unless the bulls quickly reclaim lost ground.

Trading Setup (Short):

Entry Price: $9.20 – $9.60

Target 1: $8.30

Target 2: $7.75

Stop Loss: $10.05

Why Short?

After a sharp drop from $15.00 to below $9.00, DEXE shows weak consolidation on lower time frames. The RSI is still oversold, but without bullish divergence or volume support, another decline may follow. Sellers remain in control as long as the price stays below resistance at $10.00.

Risk Management Advice:

Avoid revenge trades on sharp declines - plan your entry, set a tight stop loss, and maintain discipline.

Sell Smart - don't chase green candles when the trend turns red!

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$DEXE

DEXE

9.069

-36.12%