$DEXE has not invalidated the short case because the action is trapped within a descending channel pattern. The most recent candle shows clear rejection near the high boundary, fitting the broader bearish view seen on the higher timeframes. A break above that high would signal a change, but holding below the range floor confirms the bearish bias.

DEXEUSDT SHORT
IN 2.369 - 2.381
OUT 2.405
TP 2.345 · 2.322 · 2.292

#DEXE #TechnicalAnalysis