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$DEXE 1H: Bulls Challenge the Long-Term Trend — Breakout or Rejection?
📊 Market Bias: Bullish (Short-Term Recovery)
🎯 Trade Setup: LONG on Confirmation
Entry Zone: 2.58–2.63 (buy only if price holds above this zone or retests it successfully)
Stop Loss: 2.46
TP1: 2.72
TP2: 2.88
TP3: 3.05
Risk:Reward: 1:2.5+
Trade Invalidation: A 1H close below 2.46 invalidates the bullish setup and shifts momentum back to sellers.
📈 Technical Analysis (1H)
Price Action: Strong V-shaped recovery from 2.20 with higher highs and higher lows.
Market Structure: Short-term trend has turned bullish, but price is now testing the major dynamic resistance.
EMA/MA: MA(7) > MA(25) confirms bullish momentum, while MA(99) near 2.73 is the key resistance bulls must reclaim.
Support: 2.50–2.55, then 2.40.
Resistance: 2.72, followed by 2.90 and 3.05.
SMC: Liquidity has been reclaimed from recent lows, and buyers are attempting to shift market structure.
Order Block / FVG: Demand sits around 2.45–2.55; supply remains near 2.70–2.75.
Volume: Volume is increasing during the recovery, supporting the bullish move, but a breakout above MA(99) should ideally come with another volume expansion.
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