DEXEUSDT Perp
Interesting how price is hovering right at that 1.806 level after that sharp rejection from the 1.960 high.
$DEXE /USDT — SHORT
Trade Plan
Entry: 1.815 - 1.830
SL: 1.880
TP1: 1.760
TP2: 1.720 (24h low)
TP3: 1.680
Why this setup?
Price got violently rejected from the 1.960 resistance after a massive 14% pump from 1.720. That's a textbook overextension rejection. Currently consolidating near 1.806 with lower highs forming on the 15m chart. Volume shows seller dominance at the top with 6.28M DEXE traded during the dump.
The 24h low at 1.720 is the logical magnet now. Momentum clearly shifted bearish after that swift rejection. No bullish structure holding this up.
Wait for a retest of 1.815-1.830 before entering. If $DEXE breaks below 1.800 with conviction, that's your green light for a quicker move down.
Remember: that 1.960 high is now heavy overhead supply. I'm not touching any long until $DEXE reclaims that level with real volume.
Patience for the retest, execution on the rejection.
Interesting how price is hovering right at that 1.806 level after that sharp rejection from the 1.960 high.
$DEXE /USDT — SHORT
Trade Plan
Entry: 1.815 - 1.830
SL: 1.880
TP1: 1.760
TP2: 1.720 (24h low)
TP3: 1.680
Why this setup?
Price got violently rejected from the 1.960 resistance after a massive 14% pump from 1.720. That's a textbook overextension rejection. Currently consolidating near 1.806 with lower highs forming on the 15m chart. Volume shows seller dominance at the top with 6.28M DEXE traded during the dump.
The 24h low at 1.720 is the logical magnet now. Momentum clearly shifted bearish after that swift rejection. No bullish structure holding this up.
Wait for a retest of 1.815-1.830 before entering. If $DEXE breaks below 1.800 with conviction, that's your green light for a quicker move down.
Remember: that 1.960 high is now heavy overhead supply. I'm not touching any long until $DEXE reclaims that level with real volume.
Patience for the retest, execution on the rejection.