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【$DEXEUSDT】The data for this move doesn't add up - deep dive breakdown
$DEXE On the 4-hour chart, price broke above the Bollinger Band upper rail, RSI spiked to 74 - this wick looks too fake. During weekend early morning liquidity drought, in the last hour buying depth showed obvious gaps, sell orders stacked from 6.871 to 6.89 accumulated over 2000 coins, capital floor support intention completely exposed. MACD histogram still expanding, but open interest hasn't budged at all - typical price up volume down. Current price 6.87 short directly, protective stop placed slightly above the 7.0 round number level. First target 6.5, second target 6.2. At this level the risk/reward ratio exceeds 4:1, worth taking a light position to speculate on retracement after the false breakout.
Check live chart 👇 $DEXE
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