🚀 $DEXE

/USDT Technical Analysis – Binance Update

📊 Current Price: $13.33 (+3.43%)

📈 24h High: $14.297

📉 24h Low: $12.783

📦 24h Volume: 7.82M USDT

DEXE has shown strong momentum today, with a significant intraday gain of over 3%. The price is trading above key support levels, indicating potential for further upside. Here’s a detailed breakdown and target outlook:

Technical Analysis

1. Support Level: $12.78

The 24-hour low has proven to be a critical support zone. A break below this level may invalidate the bullish scenario.

2. Resistance Levels to Watch:

Target 1: $14.00 – Psychological barrier and close to the daily high. A breakout here could push prices further upward.

Target 2: $14.80 – Strong resistance from a recent high in the 4H timeframe. Momentum will be key to surpass this level.

Target 3: $16.20 – Mid-term target if bullish sentiment persists. Look for sustained volume and bullish candlestick patterns.

3. Indicators in Focus:

RSI: Approaching overbought levels but still signaling room for upward movement.

MACD: Bullish crossover on the 4H timeframe, suggesting continued momentum.

Moving Averages: Price is trading above the 50 EMA, reinforcing bullish sentiment.

Trading Strategy

Bullish Case: A close above $14.00 will likely confirm a breakout. Consider entering long positions targeting $14.80 and $16.20.

Bearish Case: Watch the $12.78 level carefully. If broken, the price may retrace to $12.50 or lower.

🎯 Summary of Targets:

1️⃣ $14.00 – Short-term resistance.

2️⃣ $14.80 – Intermediate resistance.

3️⃣ $16.20 – Mid-term bullish target.

⚠️ Disclaimer: This analysis is for informational purposes only. Always conduct your own research before making any trading decisions.

💬 Let us know your thoughts on DEXE/USDT! Where do you think it’s heading next?

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