【$DEXE Signal】Bullish defense line broken, go short at current price

$DEXE 1H timeframe surged then pulled back, after forming a clear high at 10.23, buying momentum weakens. The 4H chart has broken above the upper Bollinger Band, RSI soared to 73, MACD histogram begins to shrink, bullish momentum is exhausted. Market depth shows sell walls stacked above 9.86, while buy support is weak, and capital backing is not strong.

🎯Direction: Short

⚡Entry: Short immediately at current price 9.858

🛑Stop Loss: 9.892

🚀Target 1: 9.852

🚀Target 2: 8.368

🛡️Trade Management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss down to entry point. If price falls back to entry level, exit automatically to protect capital.

Position volume remains stable but price stagnates, indicating capital inflow but lack of upward momentum. Although the 1-hour MACD fast and slow lines are above zero, the histogram has been shrinking consecutively, breaking the bullish attack rhythm. Considering the typically low liquidity during early weekend hours, this high-level stagnation risk-reward ratio is not ideal, but structurally provides a clear sniper position.

Check real-time market 👇 $DEXE
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