$DEXE Are You "Stuck" Or Want To Rise? ๐ค Let's Peek Together!
Hello trader friends! ๐ I'm checking out DEXE/USDT on the 4-hour timeframe. Where do you think DEXE is heading after the steep drop yesterday? ๐ฑ
Important Points I Found:
- The trend is still going down a lot, guys! Lux Algo SMC shows many BOS downwards after the sharp drop yesterday. ๐
- There is an FVG/OB area around $8.80 - $9.20 that seems to be a strong wall if DEXE wants to rise. ๐งฑ
- Transaction volume is quite low now, like it's taking a break after the drama of yesterday's decline. ๐คซ
- RSI is in the middle, having risen from an oversold condition but not strong enough to accelerate. ๐จ
Optimistic View โจ:
If DEXE can consolidate at the current level and there is a strong buy signal, there might be a small bounce to the supply area at $8.80. That is, if it manages to break through! ๐
Cautious View โ ๏ธ:
The downward trend is still very strong, friends. If the price fails to break through the supply area above, there is a possibility DEXE will continue to drop again in search of a new low. So, be careful! ๐ฅถ
Conclusion:
DEXE is currently in a tough situation. If you want to trade, it's very important to wait for clear confirmation and always use stop-loss! Don't get stuck! ๐ก๏ธ
Come on, share your thoughts in the comments! ๐
Follow my page so you don't miss out on other exciting analyses! โจ
#InformedTradingDecisions #DEXEUSDT
Hello trader friends! ๐ I'm checking out DEXE/USDT on the 4-hour timeframe. Where do you think DEXE is heading after the steep drop yesterday? ๐ฑ
Important Points I Found:
- The trend is still going down a lot, guys! Lux Algo SMC shows many BOS downwards after the sharp drop yesterday. ๐
- There is an FVG/OB area around $8.80 - $9.20 that seems to be a strong wall if DEXE wants to rise. ๐งฑ
- Transaction volume is quite low now, like it's taking a break after the drama of yesterday's decline. ๐คซ
- RSI is in the middle, having risen from an oversold condition but not strong enough to accelerate. ๐จ
Optimistic View โจ:
If DEXE can consolidate at the current level and there is a strong buy signal, there might be a small bounce to the supply area at $8.80. That is, if it manages to break through! ๐
Cautious View โ ๏ธ:
The downward trend is still very strong, friends. If the price fails to break through the supply area above, there is a possibility DEXE will continue to drop again in search of a new low. So, be careful! ๐ฅถ
Conclusion:
DEXE is currently in a tough situation. If you want to trade, it's very important to wait for clear confirmation and always use stop-loss! Don't get stuck! ๐ก๏ธ
Come on, share your thoughts in the comments! ๐
Follow my page so you don't miss out on other exciting analyses! โจ
#InformedTradingDecisions #DEXEUSDT