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The market is clearly diverging. In the early stage, $DEXE experienced a round of sustained pull-ups, and a large pile of short-term profit-taking orders accumulated.
After the price surged, incremental capital struggled to keep following in a sustained way. Sell pressure kept being released from above, and the long side’s ability to absorb buy pressure continued to weaken. After the upward move reached the 2.162 resistance area, the rise stalled, and signals of a potential trend reversal gradually became evident.
In the key resistance zone around 2.162, place a 20x short order to bet on the pullback caused by profit-taking (closing positions).
As the ongoing sell pressure continues to be released, the price has fallen to 1.979. The current position ROI has reached 166.66%, and the shorts’ thesis has been proven out successfully.
Small-cap coins tend to have weaker liquidity, making it easy to see wick-spike (needle) price action. Even with leverage of only 20x, potential volatility risk should not be underestimated. Small-cap coin price action is more strongly influenced by capital control, so it’s not advisable to hold long-term. Follow the market pace to take profit in batches and promptly lock in gains. $ESPORTS $AKE #美国对60个经济体加征关税