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📉 DEXE Trade Idea: Looking to Short Near $19 Resistance
I’m watching DEXE closely as it approaches the $19 resistance zone. This level has the potential to act as a strong barrier, and unless buyers can break through with strong volume, a rejection could be on the cards.
🎯 Plan:
• Wait for price to reach the $19 area
• Look for bearish confirmation (rejection wick, bearish candle, or volume drop)
• Consider a short position if resistance holds
• Keep a stop-loss above resistance to manage risk
Resistance levels often attract profit-taking and selling pressure, making them key areas to watch. A clean rejection from $19 could provide a decent downside opportunity.
⚠️ Not financial advice — always wait for confirmation and manage your risk.
What’s your view on DEXE?
Will it break above $19 and continue higher, or get rejected and move lower? 👇📊 #dexe #cryptotrading #ShortSetup #ResistanceLevels #TradingView
I’m watching DEXE closely as it approaches the $19 resistance zone. This level has the potential to act as a strong barrier, and unless buyers can break through with strong volume, a rejection could be on the cards.
🎯 Plan:
• Wait for price to reach the $19 area
• Look for bearish confirmation (rejection wick, bearish candle, or volume drop)
• Consider a short position if resistance holds
• Keep a stop-loss above resistance to manage risk
Resistance levels often attract profit-taking and selling pressure, making them key areas to watch. A clean rejection from $19 could provide a decent downside opportunity.
⚠️ Not financial advice — always wait for confirmation and manage your risk.
What’s your view on DEXE?
Will it break above $19 and continue higher, or get rejected and move lower? 👇📊 #dexe #cryptotrading #ShortSetup #ResistanceLevels #TradingView
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