⚠️ The $DEXE coin points to a bounce within a corrective downtrend wave
🔴 Technical direction: a minor corrective upswing to test the lower area of the red supply zone, before facing a sell rejection and a bearish reversal toward lower demand zones
📍 Follow-up zone: 2,450 – 2,550
🎯 Corrective price targets:
• Target 1: 2,312
• Target 2: 2,252
• Target 3: 2,193
❌ Scenario invalidation: a 45-minute candle close above 2,670
💡 Technical reasoning: price is moving to complete the local corrective upswing in order to retest the lower limits of the main supply zone, and this comes after the sudden selling candle that showed the entry of selling forces at high levels.
🔴 Technical direction: a minor corrective upswing to test the lower area of the red supply zone, before facing a sell rejection and a bearish reversal toward lower demand zones
📍 Follow-up zone: 2,450 – 2,550
🎯 Corrective price targets:
• Target 1: 2,312
• Target 2: 2,252
• Target 3: 2,193
❌ Scenario invalidation: a 45-minute candle close above 2,670
💡 Technical reasoning: price is moving to complete the local corrective upswing in order to retest the lower limits of the main supply zone, and this comes after the sudden selling candle that showed the entry of selling forces at high levels.
