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This $DEXE with 3.048: within 24 hours it surged straight from 2.51 to 3.57, but it has already pulled back 15% now. I bet this is just a washout.
Why am I so confident? Look at the 4-hour chart. Yesterday’s big-volume bullish candle immediately sent MA120 from 2.88 down under it. After the MACD formed a golden cross below the zero line, the DIF has already broken above zero. RSI bounced from the oversold area to 72, but it hasn’t reached the extreme level of 80 yet. This kind of structure isn’t a rebound—it’s the smart money accelerating for confirmation after accumulating at low levels.
Most importantly: today’s high at 3.576 just touched the resistance line at the previous high of 3.6. The pullback to around 3.05 perfectly landed on the 0.382 Fibonacci level of this upswing. This is the standard “breakout then retest.”
Don’t get scared by the 24h highest price. Historically, for coins like DEXE with smaller market caps: once they break the previous high, the first retest is often the starting point of the second wave rally.
On volume: 24h trading volume is $316 million, compared with the prior daily average of less than $50 million—up several times. The accumulation traces are extremely obvious.
Now at 3.05, your position can be up to 30% of total funds. Set the stop-loss below 2.88. If it breaks 2.85, it means the smart money needs to retest the bottom—then you must exit. The first target at 3.58 is the previous high; reduce half the position there, and then see whether it can push into the psychological levels of 3.8 to 4.0. If it falls below 2.88 on declining volume, that suggests a healthy pullback, and you can add 15%.
Don’t chase. Right now is the best time to get on the right side. I entered last week at 3.0. I already called it out in the group chat at the time; today’s retest I added another 10% of my position. This stop-loss is small, but the risk-reward ratio is close to 1:3—worth taking a bet.
Poll: Do you think DEXE this time is a rebound or a reversal? In the comments, drop whether you can buy if it’s below 3.0—I'll show my card first: below 3.0, I’ll keep accumulating.