The chart shows $DEXE /USDT on the 15-minute timeframe with a strong upward movement, gaining 22.12% in the last 24 hours. The price is currently at 15.8, close to the 24-hour high of 15.827, suggesting a bullish trend.

Analysis:

1. Trend: The price has broken out of a consolidation phase with high momentum, as indicated by the sharp rise in candlesticks.

2. Volume: The significant volume supports the upward trend, indicating strong buyer interest.

3. Entry Strategy:

Long Entry: Wait for a minor pullback near 15.5 (previous resistance level) for a safer entry.

Short Entry: Consider shorting if the price fails to break 16.0 decisively and forms a reversal pattern.

4. Stop Loss:

For long positions: Place a stop loss at 15.0 to limit downside risk.

For short positions: Place a stop loss above 16.2.

5. Target Levels:

For long positions: Set targets at 16.5 and 17.0 for potential upside gains.

For short positions: Target 14.5 and 14.0 if the price reverses.

Conclusion:

The market is currently bullish, but waiting for a pullback to enter long or confirmation of a reversal for short positions is advisable. Always trade with disciplined risk management.

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