🔮 $DEXE /USDT Technical Analysis & Trade Signal: Reversal Opportunity Ahead! 🎯

Current Price: $16.28

24h High: $17.49

24h Low: $16.04

Key Support & Resistance Levels

Support Level 1: $16.04

Resistance Level 1: $17.50

Resistance Level 2: $18.00

Momentum Indicators

RSI: 30-35 (Oversold, potential reversal signal)

MACD: Bearish momentum easing, narrowing gap

Volume: Consistent, potential for a breakout

📈 Trade Signal:

1. Entry Point:

Enter when price breaks above $16.50, confirming upward momentum.

2. Target Levels:

🎯 Target 1: $17.00 (Near first resistance, expect potential pullback)

🎯 Target 2: $17.50 (Primary resistance zone, key level to watch)

🎯 Target 3: $18.00 (Higher potential if the bullish trend continues)

3. Stop Loss:

Set stop loss around $15.80 to manage risk if the price dips below support.

🚀 Trade Momentum:

With the price approaching strong support and showing oversold conditions, a reversal to the upside seems plausible. Watch for a break above $16.50 for confirmation. If bearish pressure continues, the price could test $15.80 as a safety zone.

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