$DEXE — Facing Resistance, Short Setup in Focus 📉⚠️
$DEXE — SHORT Trade Setup
Entry Zone: 7.95 – 8.05
Stop Loss: 8.20
🎯 Targets:
• TP1: 7.80
• TP2: 7.65
• TP3: 7.50
Why this setup:
Dexe is showing rejection behavior near the $8.00 resistance, with price struggling to maintain strength above this key level. The formation of lower highs suggests weakening bullish momentum, which often precedes a downside continuation. 📊
If sellers continue to defend the 8.00 zone, the price may gradually move toward lower support levels, with 7.80 acting as the first reaction point. A break below that could accelerate selling pressure toward 7.65–7.50.
Key Levels to Watch:
Below 7.95: Bearish pressure strengthens ⬇️
Above 8.20: Short idea invalidated — possible reversal ⚠️
Pro Tip:
Short setups near strong resistance work best when you wait for rejection candles or volume confirmation, rather than entering blindly. Risk management remains critical.
Trade hare 👇
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