$$DEXE 24 hours from 15.35 to 24.9, a 62% increase, now at 23.4, but do you think this is a buying high opportunity? I clearly tell you: a top divergence appears on the 4-hour chart, and volume and price have already decoupled.

First, look at the data: 24h high of 24.9, now at 23.4, high-volume trading of 205.8M at the top, but the candlestick bodies are shrinking. The MACD on the 15-minute chart shows a death cross confirmation, RSI has dropped from the overbought zone of 82 downward, and trading volume has decreased from the peak of 8,000 coins to the current 1,500 coins.
This is not a normal correction; it’s the main force distributing chips near 24.9. If it cannot hold above 24.0 today, the next strong support is at 20.0, which is the platform from the previous three-day consolidation.
Trading suggestion: those with no positions, don’t chase; those holding positions can place a quarter position short order at 23.8-24.0, with a stop loss at 24.4, and first target at 20.0, adding to the short if it breaks below 19.6.
If a volume breakout above 24.9 occurs and holds, close short positions with a stop loss, but it’s highly likely a false breakout, because the move from 15.35 to 24.9 was driven entirely by sentiment, with no fundamentals support.
The 24h amplitude is 9.55 dollars, volatility is extremely high, don’t go long, as it’s easy to get caught by a sudden drop.
My label: I mainly profit from this “high open, low decline” correction pattern. Over the past three days, I’ve caught shorts on SOL and PEPE using this pattern, with a win rate of over 80%.
Prediction: within 24 hours, DEXE will retest 21.0. Those who don’t believe it can take a screenshot; verify in three hours.
Note: keep position size within 2%. Once this coin dumps, it can fall 30% within an hour.
Target take-profit levels are 20.0 and 19.2, don’t be greedy.
I rely on data, not hype calls. If you find this useful, follow me. I will post an update in the comment section half an hour before the next wave.