【$DEXE Signal】The bullish defense line has been breached; short the current price directly

$DEXE 1H level RSI surged to 75. After the price broke above the 4H Bollinger upper band, a buying-order gap appeared. The 4H MACD histogram bars are still expanding, but the 1H histogram bars have started to contract, indicating waning momentum. Market depth shows sell walls concentrated above 9.86, while buy order thickness is far greater than sell orders, exposing the intention of capital support, but the attempt to push higher lacks strength. During the early hours of the weekend, liquidity dries up; under this divergence structure, the risk of chasing higher prices is far greater than the potential upside.

🎯 Direction: Short

⚡ Entry: Short immediately at the current price 9.858

🛑 Stop Loss: 8.368

🚀 Target 1: 9.852

🚀 Target 2: 9.892

🛡️ Trade Management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss up to breakeven. If the price falls back to the entry level, you will automatically exit to protect principal.

Open interest is stable, the funding rate is slightly positive, and there are no signs of an extreme short squeeze. The 1H price repeatedly tests above the EMA20, but the trading volume in the most recent 4H candlestick has shrunk significantly, with insufficient follow-through from active buy orders. At this level, the risk-reward ratio is not ideal—more like a left-side probe based on waning momentum—so the position size must be strictly controlled.

View real-time market data 👇 $DEXE
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