$DEXE /USDT: Potential Bullish Breakout
$DEXE /USDT has been consolidating in a tight range for the past few hours, forming a symmetrical triangle pattern. This pattern suggests indecision among buyers and sellers, but a breakout from either side could lead to a significant price movement.
Current Price: $10.917
Entry Price: Wait for a breakout above the upper trendline of the triangle.
Resistance: $11.200, $11.400, $11.600
Support: $10.600, $10.400, $10.200
Take Profit Targets:
* $11.200
* $11.400
* $11.600
Stop Loss: $10.600
Cautionary Note:
Traders should be cautious as the market is currently in a state of consolidation. While a bullish breakout is possible, a bearish breakout cannot be ruled out. Traders should monitor the price action closely and adjust their positions accordingly.
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