⚠️ Coin $DEXE targets a bounce within a corrective downtrend wave
🔴 Technical direction: a small corrective upswing to test the lower area of the red supply zone, before being exposed to sell-off rejection and a downward reversal toward lower demand zones
📍 Monitoring zone: 2.450 – 2.550
🎯 Corrective price targets:
• Target 1: 2.312
• Target 2: 2.252
• Target 3: 2.193
❌ Invalidate the scenario: a 45-minute candle close above 2.670
💡 Technical rationale: the price is moving to complete a local corrective upswing to re-test the lower boundaries of the main supply zone, following the sharp sell candle that showed selling forces entering at higher levels.
🔴 Technical direction: a small corrective upswing to test the lower area of the red supply zone, before being exposed to sell-off rejection and a downward reversal toward lower demand zones
📍 Monitoring zone: 2.450 – 2.550
🎯 Corrective price targets:
• Target 1: 2.312
• Target 2: 2.252
• Target 3: 2.193
❌ Invalidate the scenario: a 45-minute candle close above 2.670
💡 Technical rationale: the price is moving to complete a local corrective upswing to re-test the lower boundaries of the main supply zone, following the sharp sell candle that showed selling forces entering at higher levels.
