🔴 DEXE: Bears Still in Control
DEXE is showing a clear bearish trend, trading around $1.88 after a major breakdown from higher levels. Price remains below the key EMAs, while selling pressure continues to dominate.
📉 Key levels: • Resistance: $1.95–$2.00 • Support: $1.82 • Strong support: $1.56
If DEXE breaks below $1.82, the next move could extend toward $1.70–$1.56.
My take: The trend remains bearish, but DEXE has already dropped heavily, so chasing a short here carries higher risk. A bounce toward $1.95–$2.00 followed by rejection would provide a cleaner setup.
#DEXE #DeXe #Crypto #Trading
DEXE is showing a clear bearish trend, trading around $1.88 after a major breakdown from higher levels. Price remains below the key EMAs, while selling pressure continues to dominate.
📉 Key levels: • Resistance: $1.95–$2.00 • Support: $1.82 • Strong support: $1.56
If DEXE breaks below $1.82, the next move could extend toward $1.70–$1.56.
My take: The trend remains bearish, but DEXE has already dropped heavily, so chasing a short here carries higher risk. A bounce toward $1.95–$2.00 followed by rejection would provide a cleaner setup.
#DEXE #DeXe #Crypto #Trading