$DEXE /USDT has been on a strong bullish run recently, with the price surging from the $8.474 low to the current level of $11.431. This represents a significant +33.43% increase in a short period. The 4-hour chart shows a clear uptrend with higher highs and higher lows, indicating strong buying pressure.

Entry Price:

It is recommended to wait for a slight dip or retracement before entering a long position. A potential entry point could be around the $11.000 level, which has acted as strong support in the past.

Resistance & Support:

* Resistance: The immediate resistance level is at $12.000, which is the 24-hour high. Breaking above this level could open the door for further upside potential.

* Support: The $11.000 level is a crucial support level that has held the price multiple times. A break below this level could signal a potential reversal of the uptrend.

Take Profit Targets:

* TP1: $11.800

* TP2: $12.200

* TP3: $12.500

Stop Loss:

A stop-loss order can be placed below the recent swing low at $10.500 to protect profits in case of a sudden reversal.

Caution:

Traders should remain cautious and monitor the market closely for any signs of weakness or a potential reversal. It is important to use proper risk management techniques and only invest what you can afford to lose.

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