$DEXE /USDT – Rejection at Resistance, Downside Pressure Building
$DEXE is showing signs of exhaustion after a strong rally. The price got rejected at the $9.15 resistance, forming a double top-like structure followed by a bearish candle. Currently trading around $8.837, this marks a potential trend reversal zone.
The highlighted resistance zone has acted as a supply block, and with lower highs starting to form, the risk of breakdown increases.
📉 Bearish Setup
• Entry Zone: $8.83 – $8.85
• Target: $8.38
• Stop Loss: $9.15
• Structure: Lower high forming beneath resistance
• Confirmation: Weak bullish follow-up despite previous breakout attempt
Sellers now have control unless bulls reclaim $9.00+ strongly.
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