dexepriceanalysis

$DEXE constinues on a 3-DAY dump streak

For the past 3 days, DEXE has been digging new daily lows consecutively.

Two days ago, the 1D candle opened at $35 and closed at $6.2 (that was a massive dump)

Yesterday, it opened at $6.2 and closed at $4.4

Today, $DEXE opened the daily candle at $4.4 and currently trading at $3.3

Overrall, $DEXE has dumped more than 10x from the price it was at 3 days ago

Be honest, what have you learnt from this kinda dump?
#DEXEPriceAnalysis

DEXE is breaking down from a key level, looking ripe for a short. Price is sitting on a significant order block, too, which has me thinking we're due for a drop.

━━━━━━━━━━━━━━━━━━━━━
🔴 $DEXE SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $2.5455 – $2.5505
🛑 Stop Loss: $2.6244 (-3.0%)
🎯 TP1: $2.5098 (+1.5%)
🏆 TP2: $2.4206 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
━━━━━━━━━━━━━━━━━━━━━

The market structure break is clear, and we've got volume confirming the direction, which is a big deal for me. The fair value gap and order block overlap are also lining up perfectly, making this a solid short setup. Overall, the signals are firing on all cylinders here.

With a 3.0% stop loss, I think we're looking at a relatively tight risk, which means I'll be using moderate leverage to maximize our potential payout.

I'm thinking we take some profit off the table at the first target, just to bank some gains and free up some mental capital for the rest of the trade.

Not financial advice — always manage your own risk 🙏

$DEXE #DEXEUSDT #DEXEPriceAnalysis #TradingSignals #Write2Earn

$DEXE dump from $49.9 to $10 is another reminder to traders to:

1. Never Chase Pump:

$DEXE pumped 100x from All time low at $0.43

While at $20 , those who missed it started to FOMO and started buying.

But they forgot how far the coin has come.... Even at $49, many traders still entered to buy more only to wake up to 5x dump...

In this space never gamble your funds because the dump won't notify you before it comes....

2. Learn to Take Profit:
By now, every trader should know that whatever goes up, always comes down. If you held $DEXE from below $0.5 and still didn't sell at $10 and didn't sell at $20 and still held to $49 without taking profit, then that just greed.

Always learn to take some profit - That's the sole aim of every trade

Above all, it pays to take little profit than to incur loses while chasing more profit

SAFU - Ya capital is more important than profit

#DEXEPriceAnalysis