Short Signal: DEXE/USDT (1h)🔴
Entry: 21.874
Stop Loss (SL): 22.454 (or up to 23.507 for a safer buffer)
Take Profit (TP): 16.339
🔍 Why This Setup?
Trendline Breakdown: Price has clearly broken and closed below the ascending support trendline (purple line), confirming a shift to bearish momentum.
Resistance Rejection: The price heavily stalled and failed to break above the major horizontal resistance zone around 23.507 - 23.511 (yellow line).
Clean Target Zone: The take profit is set at 16.339, which aligns with previous consolidation floors and strong buyers' interest zones prior to the recent upward impulse.
✅Click here to trade👇
$DEXE
Entry: 21.874
Stop Loss (SL): 22.454 (or up to 23.507 for a safer buffer)
Take Profit (TP): 16.339
🔍 Why This Setup?
Trendline Breakdown: Price has clearly broken and closed below the ascending support trendline (purple line), confirming a shift to bearish momentum.
Resistance Rejection: The price heavily stalled and failed to break above the major horizontal resistance zone around 23.507 - 23.511 (yellow line).
Clean Target Zone: The take profit is set at 16.339, which aligns with previous consolidation floors and strong buyers' interest zones prior to the recent upward impulse.
✅Click here to trade👇
$DEXE