【$DEXE Signal】Short: 1H MACD bearish momentum continues

$DEXE 1H MACD histogram -0.0316 continues to expand, with sell pressure actively pushing prices down. The price rebounds to the 3.05-3.15 range but repeatedly meets resistance; sell pressure is concentrated and released.
🎯 Direction: Short
⚡ Entry/Place orders: 2.99798 - 3.00700
🛑 Stop loss: 3.03707
🚀 Target 1: 2.96190
🚀 Target 2: 2.93934
🛡️ Trade management:
- Execution plan: After reaching Target 1, reduce position by 50% and move the stop loss up to break-even. If price drops back to the entry level, automatically exit to protect principal.
- Depth logic: OI is stable, and the funding rate is -0.0398%, creating a low-cost environment for short positions. The 4H Bollinger middle band at 3.1921 continues to suppress the market, and bulls lack effective breakout momentum. Current risk-reward ratio is 1.5; for short-term trading, continuing the bearish bias has reasonable support. Note that there is bid support around 2.96—on the first touch of Target 1, reduce position to lock in profits.
Check live market 👇 $DEXE
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