DEXE/USDT (1H) Trade Plan

$DEXE ‌#EventContractsLaunch
Current Price: 4.7334 USDT
Trend: Strong Bullish
DEXE has delivered a powerful breakout with a gain of more than 147% in 24 hours. Price remains above all key moving averages, confirming a strong uptrend. However, after reaching 5.43, the market is showing signs of short-term profit-taking, so volatility is expected.
Technical Analysis
Immediate Support: 4.50–4.60
Major Support: 4.05–4.20
Resistance: 5.00–5.10
Major Resistance: 5.43
MACD: Bullish, though momentum is beginning to slow.
KDJ: In the overbought region, suggesting the possibility of a pullback before another leg higher.
Bullish Trade Setup
Entry Zone:
4.55–4.70 (on a successful support retest)
Targets:
TP1: 5.00
TP2: 5.43
TP3: 5.80
Stop Loss:
4.20
Breakout Trade
If a 1H candle closes above 5.43 with strong volume:
Entry: Above 5.45
Targets:
TP1: 5.80
TP2: 6.20
TP3: 6.80
Stop Loss:
5.10
Bearish Scenario
If price loses 4.50 with strong selling pressure:
Targets:
4.20
3.95
3.70
Risk Management
Risk only 1–2% of trading capital per position.
Avoid chasing large green candles after such a sharp rally.
Wait for either a pullback to support or a confirmed breakout above 5.43 with increased volume before entering.
Bias: Bullish, but the move is extended. A healthy pullback toward 4.50–4.60 could offer a higher-probability entry than buying at the current price.