$DEXE Chart Analysis Today:
1.Current Situation: $DEXE (traded against Tether, symbol: DEXEUSDT) has recently experienced a breakout from the $8 level. This bullish move suggests potential upward momentum.
2.Technical Analysis:
Symmetrical Triangle Formation:
Traders have observed a symmetrical triangle breakout, which is a positive sign. This pattern indicates that the price could continue to rise.
3.Support and Resistance: Keep an eye on the support area around $11.30. If the price remains above this level, it could further support the bullish case.
4.Moving Average: The price seems to be stabilizing above the 100-day moving average, which is another encouraging sign.
Price Targets:
Short-Term: With the breakout, a 30% bullish move could be expected.
- **Long-Term**: Historically, $DEXE has shown impressive gains, including a 610% rally in the past. While I can't predict the future, it's essential to stay informed and monitor the market closely.
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