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$DEXE โ BEARISH DISTRIBUTION TRAP
Trading Plan
Short
$DEXE (20x leverage)
Entry: 18.40 โ 18.65 โก
SL: 19.25 ๐
TP: 17.80 โ
TP: 17.20 โ
TP: 16.50 โ
CHoCH confirmed on BOTH 15m and 1H after hard rejection at 19.134 BOS โ structure is BROKEN. Top trader accounts sitting at 0.57 (deeply SHORT), positions ratio DECLINING 1.43โ1.41 signaling active DISTRIBUTION into retail longs. Basis NEGATIVE at -0.030 confirming perp trading at discount โ bearish structural lock in place. Massive long liquidation cluster at 16-17 zone (25K-91K contracts) = CASCADE LIQUIDATION FUEL if 17.20 cracks. Funding at 0.005% positive means shorts collect โ free money. Enter on any retrace to 18.50-18.65 resistance.
Trade
$DEXE here ๐
#DEXEUSDT #BinanceFutures #BearishDistribution #CHoCHConfirmed #AltcoinRally Conviction: 74%