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$DEXE 1H: Is Smart Money Accumulating or Is Another Sell-Off Ahead?
๐ Market Bias: Bearish (Cautiously Neutral on Reclaim)
The uploaded chart is on the 1H timeframe. Price remains below the MA(25) and MA(99), confirming the broader trend is still bearish. The recent bounce from 2.296 is constructive, but buyers have not yet reclaimed higher-timeframe resistance.
๐ฏ Trade Setup: SHORT on Rejection / LONG only after Confirmation
LONG Entry: Above 2.38 with a confirmed hourly close.
SHORT Entry: Rejection around 2.35โ2.40 resistance.
Stop Loss: Below 2.28 (LONG) / Above 2.45 (SHORT).
TP1: 2.45 (LONG) / 2.25 (SHORT).
TP2: 2.55 (LONG) / 2.15 (SHORT).
TP3: 2.70 (LONG) / 2.00 (SHORT).
Risk:Reward: Target 1:2 or better.
Trade Invalidation: A strong hourly close above MA(99) weakens the bearish outlook.
๐ Technical View
Price Action: Lower highs and lower lows remain intact.
Market Structure: Still bearish until resistance is reclaimed.
EMA/MA: Price is below MA25 and MA99; trend remains weak.
Volume: No strong accumulation signal visible; recovery volume is limited.
SMC: Liquidity was swept near 2.296, but no confirmed bullish break of structure yet.
Order Block/FVG: Watch the 2.35โ2.45 zone for institutional reaction.
Support: 2.296, then 2.20.
Resistance: 2.40, 2.55, 2.85.
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