【$DEXE Signal】Pullback on Long Entry + 1H Strong Breakout Confirmation
$DEXE The 1H timeframe has experienced a massive rally and is currently in a high-level consolidation phase to digest gains. The 4H timeframe has formed a three consecutive bullish candles breakout structure, establishing the trend. The current price is initially supported above the 1H EMA20 (3.068). Although RSI on the 1H (78.01) is high, it has not formed a bearish divergence, indicating a strong correction. Market depth shows substantial buy orders (Bid/Ask Ratio: 0.69), and the negative funding rate (-0.0108%) suggests a short squeeze risk. Stable open interest (OI) indicates funds have not exited, which is a bullish signal.
🎯Direction: Long (Long)
🎯Entry/Order: Enter in batches between 3.28 - 3.30 (Reason: Dynamic support at 1H EMA20 + median of previous hour’s candle body )
🛑Stop Loss: 3.15 (Reason: Break below the 4H bullish candle start point at 3.155 + 1.5x ATR )
🚀Target 1: 3.45 (Reason: Previous high resistance and psychological level )
🚀Target 2: 3.60 (Reason: Based on the recent rally’s 1.618 Fibonacci extension level )
🛡️Trade Management:
- Position size suggestion: Light position (Reason: 1H RSI is relatively high, need to prevent short-term profit-taking )
- Execution strategy: After reaching 3.45, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 3.30. If the price fails to hold above 3.30 and falls below again, exit all positions and wait on the sidelines.
Depth logic: The 4H timeframe broke out of a month-long consolidation range (2.9-3.0) with increased volume, which is a key trend initiation signal. After encountering resistance near 3.4 on the 1H, the sideways movement instead of a deep correction indicates strength. Open interest (OI) remains stable during the price rise, suggesting it’s not just a pump-and-dump. Market logic indicates a price increase, combined with the negative funding rate, likely driven by main players supporting the market or short positions being passively closed. Key support levels are dense below (3.155, 3.068), providing a clear defense line for bulls.
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【$DEXE Signal】Pullback on Long Entry + 1H Strong Breakout Confirmation
$DEXE The 1H timeframe has experienced a massive rally and is currently in a high-level consolidation phase to digest gains. The 4H timeframe has formed a three consecutive bullish candles breakout structure, establishing the trend. The current price is initially supported above the 1H EMA20 (3.068). Although RSI on the 1H (78.01) is high, it has not formed a bearish divergence, indicating a strong correction. Market depth shows substantial buy orders (Bid/Ask Ratio: 0.69), and the negative funding rate (-0.0108%) suggests a short squeeze risk. Stable open interest (OI) indicates funds have not exited, which is a bullish signal.
🎯Direction: Long (Long)
🎯Entry/Order: Enter in batches between 3.28 - 3.30 (Reason: Dynamic support at 1H EMA20 + median of previous hour’s candle body )
🛑Stop Loss: 3.15 (Reason: Break below the 4H bullish candle start point at 3.155 + 1.5x ATR )
🚀Target 1: 3.45 (Reason: Previous high resistance and psychological level )
🚀Target 2: 3.60 (Reason: Based on the recent rally’s 1.618 Fibonacci extension level )
🛡️Trade Management:
- Position size suggestion: Light position (Reason: 1H RSI is relatively high, need to prevent short-term profit-taking )
- Execution strategy: After reaching 3.45, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 3.30. If the price fails to hold above 3.30 and falls below again, exit all positions and wait on the sidelines.
Depth logic: The 4H timeframe broke out of a month-long consolidation range (2.9-3.0) with increased volume, which is a key trend initiation signal. After encountering resistance near 3.4 on the 1H, the sideways movement instead of a deep correction indicates strength. Open interest (OI) remains stable during the price rise, suggesting it’s not just a pump-and-dump. Market logic indicates a price increase, combined with the negative funding rate, likely driven by main players supporting the market or short positions being passively closed. Key support levels are dense below (3.155, 3.068), providing a clear defense line for bulls.
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