DEXE is setting up for a short with a 64% confidence level, driven by a 1:1.7 risk/reward ratio. Current market conditions suggest a high probability of a downturn.
🔴 $DEXE SHORT 📉
Entry → $1.9451-$1.9489
Stop → $2.0054 (-3.0%)
TP1 → $1.9178 (+1.5%)
TP2 → $1.8497 (+5.0%)
R/R 1:1.7 • Confidence 64%
The CHoCH signal indicates a break in market structure, while CVD confirms the direction with increasing volume. FVG and OB are also aligned, with a notable overlap, suggesting a strong confluence of factors pointing towards a short. The liquidity sweep further supports this view.
A 3.0% stop loss seems relatively tight, suggesting the use of moderate leverage to maximize returns while managing risk.
Considering taking partial profits at the first target to lock in gains, given the setup's potential for a significant move.
Not financial advice — trade only what you can afford to lose 🙏
$DEXE #DEXEUSDT #oiledgeshigher #TradingSignals #Write2Earn
🔴 $DEXE SHORT 📉
Entry → $1.9451-$1.9489
Stop → $2.0054 (-3.0%)
TP1 → $1.9178 (+1.5%)
TP2 → $1.8497 (+5.0%)
R/R 1:1.7 • Confidence 64%
The CHoCH signal indicates a break in market structure, while CVD confirms the direction with increasing volume. FVG and OB are also aligned, with a notable overlap, suggesting a strong confluence of factors pointing towards a short. The liquidity sweep further supports this view.
A 3.0% stop loss seems relatively tight, suggesting the use of moderate leverage to maximize returns while managing risk.
Considering taking partial profits at the first target to lock in gains, given the setup's potential for a significant move.
Not financial advice — trade only what you can afford to lose 🙏
$DEXE #DEXEUSDT #oiledgeshigher #TradingSignals #Write2Earn