【$DEXE Signal】Long - 1H breakout retest confirmation, clear main support intention

The 1H timeframe is currently experiencing a strong consolidation at high levels after a massive rally, with the price firmly above key moving averages. The 4H timeframe has established a clear upward trend, and open interest remains stable, indicating that the rise is not simply driven by short covering but involves continuous capital inflow. Although the current price is far from the 1-hour moving average, the order book shows substantial buy-side depth, providing solid support for a retest.

🎯 Direction: Long (Buy on dips)

⚡ Entry/Pending Order: 4.753 - 4.875

🛑 Stop Loss: 4.681

🚀 Target 1: 5.652

🚀 Target 2: 6.040

🛡️ Trade Management:
- Execution Strategy: When the price reaches Target 1, reduce the position by 50% to lock in profits, and move the remaining position’s stop loss up to the entry price. If the price fails to break through Target 1 and falls back below the lower boundary of the entry zone, the signal is invalidated, and a decisive exit is recommended.

Deep Logic: Although the 1H RSI is at high levels, there is no bearish divergence, and momentum remains strong. The 4H price has stabilized above all key moving averages, with the trend structure intact. Despite negative funding rates, the stable open interest combined with strong sideways movement suggests that the main force is controlling the pace after squeezing out the shorts, rather than losing upward momentum. The 4.75-4.87 zone below is a dense trading area from previous breakouts and is near the 1H EMA50, forming a strong support level—an ideal sniper entry point.

View live market 👇 $DEXE ---
Follow me: Get more real-time analysis and insights into the crypto market! $DEXE
$BTC $ETH
‍$SOL #Gate广场AI测评官 #Gate2月衍生品市场份额创新高