⚠️ Still bullish on $DEXE? The 1H chart is telling a different story.
$DEXE failed to hold above the recent recovery zone, signaling potential distribution. 🐻 Retail buyers chasing the bounce could become liquidity for the next leg down.
📉 Market Insight
Smart money appears to be defending higher levels while downside liquidity sits below $20.00. A break of that key level could trigger an accelerated move lower.
🎯 Trade Setup – $DEXE SHORT
💰 Entry: 20.10 – 20.30
🛑 SL: 21.10
🎯 TP1: 19.50
🎯 TP2: 18.80
🎯 TP3: 18.00
🔍 Trigger / Confirmation:
Watch for a clean breakdown below 20.00 with increasing sell volume. If liquidity gets swept, $DEXE could see a sharp downside expansion.
🪤 Most traders buy support after a weak recovery. Professionals wait for confirmation and follow the liquidity.
⏳ Don't get trapped on the wrong side of the move. Keep on watch and react before the crowd.