Bias: Short-term pullback likely after sharp rally and overbought signals on lower timeframes (RSI cooling from highs, recent liquidity grab at daily highs near $8.35).
Entry: Sell/short on retest of $8.00–$8.20 resistance (or current levels if momentum fades intraday).
Stop Loss: Above recent high → $8.50 (tight risk, ~5–7% stop).
Take Profit Targets:
First: $7.20–$7.40 (near 4H support / recent breakout zone).
Second: $6.80–$7.00 (deeper pullback to demand).
Risk/Reward: Aim for 1:2+ (e.g., risk 5% to target 10–15% move down).
Timeframe: 1H–4H for entry, watch daily for broader trend continuation.
Invalidation: Strong breakout and close above $8.50 flips to bullish.
Key Watch: High volume on the pump today — watch for exhaustion or negative funding on perps. Always use proper position sizing (1–2% account risk max). Not financial advice — crypto is volatile, DYOR and manage risk.Core Crypto Hashtags:
#DEXE #AsiaStocksPlunge #DEXEUSDT $DEXE #CryptoTrading $DEXE
