DEXE broke the $1.60 shelf — the old support is now the ceiling
🔴 **SHORT $DEXE/USDT: expecting price to go DOWN**
Bias: SHORT · Leaning
Current Price: $1.467
Entry: $1.470 – $1.495
TP1: $1.430 (+1.68%)
TP2: $1.395 (+3.93%)
TP3: $1.355 (+6.72%)
SL: $1.530 (−2.71%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, move stop to entry after TP1. Moderate conviction only, keep size light.
Why SHORT? 3/5 signals agree, 2 against.
• The $1.66–$1.70 zone that was previously cited as support has been lost decisively, and price at $1.467 is trading below it — support has flipped to resistance .
• The 1W technical rating remains a Sell, and the broader structure is a post-breakdown retest rather than a base .
• RSI readings across timeframes are neutral-to-weak, with no bullish divergence to suggest a durable bottom.
Risk: A 1H close above $1.530 would reclaim the broken shelf and force a re-map toward $1.60.
DEXE’s prior “support” at $1.66–$1.70 did not hold, and the updated price of $1.467 confirms the breakdown rather than a reversal. The setup is a retest short at the broken shelf, not a chase at the lows. The entry is placed at the $1.470–$1.495 zone where the old support now acts as supply; if buyers reclaim $1.530 on a closing basis, the breakdown has failed and the short is wrong.
Does $DEXE reject $1.495 and grind to $1.430, or does it reclaim $1.530 first?
Full setup on the chart below.
My call. Your execution.
Click below for trade 👇
DYOR & manage risk!
$DEXE
🔴 **SHORT $DEXE/USDT: expecting price to go DOWN**
Bias: SHORT · Leaning
Current Price: $1.467
Entry: $1.470 – $1.495
TP1: $1.430 (+1.68%)
TP2: $1.395 (+3.93%)
TP3: $1.355 (+6.72%)
SL: $1.530 (−2.71%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, move stop to entry after TP1. Moderate conviction only, keep size light.
Why SHORT? 3/5 signals agree, 2 against.
• The $1.66–$1.70 zone that was previously cited as support has been lost decisively, and price at $1.467 is trading below it — support has flipped to resistance .
• The 1W technical rating remains a Sell, and the broader structure is a post-breakdown retest rather than a base .
• RSI readings across timeframes are neutral-to-weak, with no bullish divergence to suggest a durable bottom.
Risk: A 1H close above $1.530 would reclaim the broken shelf and force a re-map toward $1.60.
DEXE’s prior “support” at $1.66–$1.70 did not hold, and the updated price of $1.467 confirms the breakdown rather than a reversal. The setup is a retest short at the broken shelf, not a chase at the lows. The entry is placed at the $1.470–$1.495 zone where the old support now acts as supply; if buyers reclaim $1.530 on a closing basis, the breakdown has failed and the short is wrong.
Does $DEXE reject $1.495 and grind to $1.430, or does it reclaim $1.530 first?
Full setup on the chart below.
My call. Your execution.
Click below for trade 👇
DYOR & manage risk!
$DEXE
