$DEXE The long side can be worth keeping an eye on.

Right now, the funding rate looks like it may be setting up for a squeeze, and the RSI is already severely oversold. At this level, there could be a mean-reversion bounce opportunity. Entry can be watched around 3.402 to 3.489. For upside targets, first look at 3.75, then 3.99. If it breaks below 3.15, watch for a stop-loss.

However, be mindful of risk. The bigger trend is still strongly bearish, and this is just a counter-trend short-term trade. Don’t go all-in—use a position size that fits your account. Also, $ON and $SOXL can be worth monitoring as well.