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DEXEShowing Strong Bearish Rejection
The 4H chart shows a sharp rejection after a strong rally. Sellers have taken control, and the breakdown below key support suggests further downside unless buyers quickly reclaim the lost level.
Trade Setup
Entry: 3.65 – 3.75
Stop Loss: 4.15
Targets
TP1: 3.30
TP2: 2.95
TP3: 2.55
A sustained move below 3.60 would confirm bearish continuation and increase the probability of reaching the downside targets. Wait for confirmation before entering if volatility remains high