$DEXE
is approaching a critical decision zone as price tests the 1-hour EMA99, a level that often determines whether the trend continues or a deeper correction begins. After several sessions of selling pressure, bearish momentum is slowing, but buyers still need to prove they can regain control.
The next 2–4 hourly candles will likely define the next major move. A successful defense of EMA99 followed by a recovery above EMA25 would suggest that the recent decline was only a healthy pullback within the broader uptrend. Failure to hold EMA99, however, could open the door to a deeper correction as liquidity below this support becomes an attractive target.
Current trading setup:
Buy only after a confirmed rebound from EMA99 and a reclaim of EMA25.
Entry: 40.90–41.20
Take Profit 1: 42.50
Take Profit 2: 43.80–44.50
Stop Loss: below 40.00
Alternative bearish setup:
If the 1-hour candle closes decisively below EMA99, avoid long positions and wait for lower support around 39.50–39.80 before looking for new buying opportunities.
Patience is especially important here. The market is sitting at a technical crossroads, and waiting for confirmation is likely to offer a better risk-to-reward opportunity than entering too early.
is approaching a critical decision zone as price tests the 1-hour EMA99, a level that often determines whether the trend continues or a deeper correction begins. After several sessions of selling pressure, bearish momentum is slowing, but buyers still need to prove they can regain control.
The next 2–4 hourly candles will likely define the next major move. A successful defense of EMA99 followed by a recovery above EMA25 would suggest that the recent decline was only a healthy pullback within the broader uptrend. Failure to hold EMA99, however, could open the door to a deeper correction as liquidity below this support becomes an attractive target.
Current trading setup:
Buy only after a confirmed rebound from EMA99 and a reclaim of EMA25.
Entry: 40.90–41.20
Take Profit 1: 42.50
Take Profit 2: 43.80–44.50
Stop Loss: below 40.00
Alternative bearish setup:
If the 1-hour candle closes decisively below EMA99, avoid long positions and wait for lower support around 39.50–39.80 before looking for new buying opportunities.
Patience is especially important here. The market is sitting at a technical crossroads, and waiting for confirmation is likely to offer a better risk-to-reward opportunity than entering too early.