$DEXE is showing clear signs of short-term exhaustion on the 4-hour chart, entering a sharp corrective phase after a massive vertical spike up to its local high of 24.492. Despite holding onto an 18.06% net gain on the daily timeframe, the immediate price action reveals aggressive distribution as profit-taking triggers back-to-back red candles. Sellers have rapidly pushed the price down to 21.070, completely erasing the upper wick of the breakout move. With immediate buying momentum failing to sustain at the peak, the technical structure favors further localized downside to retest deeper support regions.
Target 1: 19.500
Target 2: 18.200
Target 3: 17.500
#DEXE #DEXEUSDT #CryptoAnalysis

DEXE
18.76
+4.59%