$DEXE Strong push into resistance, starting to look overextended

Trading Plan Short $DEXE

Entry: 7.8 – 8.1

SL: 8.6

TP: 7.2

TP: 6.5

TP: 5.8

The move higher has been aggressive, but momentum is now fading as price pushes into this resistance zone. Buyers drove price up strongly, though the follow-through is weakening and structure is becoming more choppy.

When price gets extended into resistance and begins to stall like this, it often signals exhaustion opening the door for a pullback as sellers step back in.

$DEXE

DEXE
DEXEUSDT
7.918
-2.29%