DEXE tried to bounce. Gravity said no."
DEXE got rejected at 3.28, dumped to 2.33, and is now faking a recovery at 2.82. The bounce is thin, volume is low, and the EMAs are bearish. This is a dead cat bounce, not a reversal.
If 2.90 fails, we're heading back to 2.60.
My short trade:
Entry: 2.829 (current)
SL: 2.95
Targets: 2.75 / 2.60
The dead cat just twitched. I'm shorting the second drop.
#DEXE $DEXE
DEXE got rejected at 3.28, dumped to 2.33, and is now faking a recovery at 2.82. The bounce is thin, volume is low, and the EMAs are bearish. This is a dead cat bounce, not a reversal.
If 2.90 fails, we're heading back to 2.60.
My short trade:
Entry: 2.829 (current)
SL: 2.95
Targets: 2.75 / 2.60
The dead cat just twitched. I'm shorting the second drop.
#DEXE $DEXE