Most of you bought this above $15, maybe $20. And you held it all the way down to $3.
That's not a dip. That's a distribution.
The Trade — SHORT (Swing 1D):
Entry $3.1112 | SL $3.3601 | TP $2.6134 | 3-5x Cross max
A sell-limit into a dead-cat bounce toward the volume profile POC. Clean 2.0:1 R:R. Invalidation above $3.3601. Size for a max 1-2% account loss. Idea dead if price closes past SL.
The Read:
Funding is deeply negative — shorts are paying you. That signals a crowded short, not a fresh breakdown. Low OI means smart money likely isn't driving this. The L/S ratio still leans long, so pain could linger, but easy downside is thinning. Fade the relief rally into proven resistance with trend alignment.
Tap $DEXE to pull up the chart — set it and forget it.
If this triggers or fails, I'll post the exact update. Follow so you catch it.
LONG or SHORT $DEXE here? 👇
⚠️ Not financial advice. DYOR.
#DEXE #DeXe #Crypto #BinanceSquare
That's not a dip. That's a distribution.
The Trade — SHORT (Swing 1D):
Entry $3.1112 | SL $3.3601 | TP $2.6134 | 3-5x Cross max
A sell-limit into a dead-cat bounce toward the volume profile POC. Clean 2.0:1 R:R. Invalidation above $3.3601. Size for a max 1-2% account loss. Idea dead if price closes past SL.
The Read:
Funding is deeply negative — shorts are paying you. That signals a crowded short, not a fresh breakdown. Low OI means smart money likely isn't driving this. The L/S ratio still leans long, so pain could linger, but easy downside is thinning. Fade the relief rally into proven resistance with trend alignment.
Tap $DEXE to pull up the chart — set it and forget it.
If this triggers or fails, I'll post the exact update. Follow so you catch it.
LONG or SHORT $DEXE here? 👇
⚠️ Not financial advice. DYOR.
#DEXE #DeXe #Crypto #BinanceSquare