A $2.31 candle just smashed the 4‑hour EMA, and the next wick is already eyeing the 2.52 zone – the same level that powered a 14% jump in the last 24 hours. 👀 Read on before the move stalls.
The 4‑hour chart screams bullish: EMA7 sits above EMA25, RSI holds a firm 66, and a clean bullish FVG sits between $2.03 and $2.15. Yet funding is negative (‑0.003 %) and the long/short ratio sits at 1.55, hinting that traders are heavily net‑long and may be paying for a correction. In short, price looks eager to climb, but the internals whisper a hidden trap.
On the 4‑hour timeframe the key zones are simple: the current area hovers around the ~2.31 level, a break below the ~2.20 zone would invalidate the bullish case, and the next objective sits near the ~2.52 area if the rally holds. If
$DEXE slips below the ~2.20 zone, the read is off the table.
My read: the chart is nudging higher, but a dip under ~2.20 would flip the story fast.
Follow me for the next update when
$DEXE tests the 2.52 target – I’ll break down what the swing looks like. What’s your take on
$DEXE around the 2.52 area? 👇
⚠️ Not financial advice. DYOR.
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