Technical Analysis of $DEXE

/USDT

Current Price: $14.05 (up by 8.95% in the last 24 hours)

Trend: Bullish momentum observed as price has increased by nearly 9% in the past 24 hours.

Support Level: $12.25 (24h Low) — price has shown signs of holding above this level.

Resistance Level: $15.85 (24h High) — testing near a potential breakout point.

Trade Momentum

The price is currently showing positive upward momentum with a rise of nearly 9%. The momentum is supported by strong volume in both DEXE and USDT.

RSI (Relative Strength Index): May indicate strength but needs to be watched for potential overbought signals as price nears $15.85.

Target Levels:

1. Target 1: $15.00 — Mid-level resistance before approaching the higher resistance at $15.85.

2. Target 2: $15.85 — Potential breakout point; retesting 24h High.

3. Target 3: $16.50 — A possible higher-level target if the upward trend continues, with increased demand.

Trade Signal:

Buy: Current momentum suggests a potential buy near the support level of $12.25-$12.50, targeting upwards to $15.00 and beyond.

Sell: Consider selling partially near $15.85 if price shows signs of resistance. The market will need to confirm continued bullish movement to break higher towards $16.50.

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