A lot of people seem bullish on $DEXE right now, but the data I'm tracking is telling a different story.
$DEXE - SHORT 📉
What caught my attention is that the daily chart still looks range-bound rather than trending higher. That usually means there's room for downside if momentum shifts. On top of that, the 4H MTF signal is still in a waiting phase, which suggests the bearish setup remains valid for now.
The confidence score on this signal is around 80%, so I'm keeping a close eye on it before the broader market starts reacting.
I'm not rushing into anything, but it's definitely one of the more interesting setups on my watchlist right now.
Question for traders:
When you see a range-bound market with a strong bearish bias, do you wait for confirmation and a clean breakdown, or do you position early and try to catch the move before everyone else?
Trade carefully and always manage risk. 👇
$DEXE
$DEXE - SHORT 📉
What caught my attention is that the daily chart still looks range-bound rather than trending higher. That usually means there's room for downside if momentum shifts. On top of that, the 4H MTF signal is still in a waiting phase, which suggests the bearish setup remains valid for now.
The confidence score on this signal is around 80%, so I'm keeping a close eye on it before the broader market starts reacting.
I'm not rushing into anything, but it's definitely one of the more interesting setups on my watchlist right now.
Question for traders:
When you see a range-bound market with a strong bearish bias, do you wait for confirmation and a clean breakdown, or do you position early and try to catch the move before everyone else?
Trade carefully and always manage risk. 👇
$DEXE