Sudden spike in stock $DEXE

, a sudden trap: beware bulls...

The price of DEXE rose from 4.97 to 9.45 in a single candle, which is considered a traditional liquidity grab. However, the rejection at the top and the quick fade indicate that this was more manipulation than momentum. Sellers are intervening strongly after the wick.

🔻 Short selling setup

• Entry zone: 8.30 - 8.50

• Stop loss: above 8.90

• Profit target 1: 7.55

• Profit target 2: 6.80

• Profit target 3: 6.10

Market overview:

Huge wicks, massive trading volume, and failure to break the price, all signs of a bullish trap. If this is a liquidation sweep, then the lower resistance path is now bearish. Tighten stop points and do not chase the market; let the price confirm the collapse.