$DEXE /USDT BEARISH BREAKDOWN – SELLING PRESSURE ACCELERATES BELOW $10.00!
$DEXE has sharply reversed from the $10.95 resistance and is now trading near $9.14, down over 14% in the last 24 hours. The price has broken several key support zones on the hourly chart, forming consecutive lower highs and lower lows, indicating aggressive seller dominance and a potential continuation toward deeper support levels.
Trade Setup (SHORT):
Entry Price: $9.30 – $9.15
Target 1: $8.70
Target 2: $8.25
Stop Loss: $9.60
Why Short?
The steep rejection from above $11.00 followed by heavy red volume candles confirms bearish momentum. The hourly structure shows no significant bounce, and the break below $9.50 has opened the door for further downside. Unless a strong reversal candle appears, the momentum remains with the bears.
Risk Management Tip:
Stick to the stop-loss above $9.60 to avoid fakeouts. Trail your SL as the price approaches targets to protect profits.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
Sell and Trade here on $DEXE