⚡️ $DEXE - Long
Local bounce off the trend or a bear trap?
Many people look at the higher time frame and see a dull crimson zone, but an experienced trader doesn’t trade global wishful thinking—he trades the current impulse.
📈 Trading plan:
Entry Zone: 1,880 – 1,910 USD (accumulate a position in the local order-block zone and the support at the lower end of the discount range).
TP: 2,000 – 2,050 USD (take liquidity from above and update local highs).
SL: 1,850 USD (set below the key support zone; a close below this level will break the local bullish structure).
⚠️ Key takeaway: as long as the price holds the support zone, the scenario for resuming growth remains viable, but you absolutely cannot ignore the global trend of the higher time frame.
#dexe #TechnicalAnalysis #smartmoney #cryptotrading #BinanceSquare
Local bounce off the trend or a bear trap?
Many people look at the higher time frame and see a dull crimson zone, but an experienced trader doesn’t trade global wishful thinking—he trades the current impulse.
📈 Trading plan:
Entry Zone: 1,880 – 1,910 USD (accumulate a position in the local order-block zone and the support at the lower end of the discount range).
TP: 2,000 – 2,050 USD (take liquidity from above and update local highs).
SL: 1,850 USD (set below the key support zone; a close below this level will break the local bullish structure).
⚠️ Key takeaway: as long as the price holds the support zone, the scenario for resuming growth remains viable, but you absolutely cannot ignore the global trend of the higher time frame.
#dexe #TechnicalAnalysis #smartmoney #cryptotrading #BinanceSquare