$DEXE /USDT Trading Signal - Reversal Opportunity?
Current Price: $17.19 (-7.00%)
24h High: $19.825
24h Low: $16.916
24h Volume: 729,122.67 Dexe
---
Market Overview
$Dexe experienced a sharp correction from $19.825, finding interim support near $16.92. With consolidation forming, the price action hints at potential accumulation or further downside. A key breakout above $17.50 could initiate recovery, while failure to hold $16.90 may deepen losses.
---
Trading Plan (1H Timeframe)
Bullish Scenario:
Entry Zone: $17.10 - $17.30
Targets:
T1: $18.00
T2: $18.90
T3: $19.80
Stop Loss: $16.85
Bearish Scenario:
Entry Zone: Below $16.90
Targets:
T1: $16.50
T2: $16.00
Stop Loss: $17.20
---
Technical Insights
MACD: Neutral to bearish, showing limited upward momentum.
RSI: Approaching oversold, signaling potential rebound.
Support Levels: $16.90 and $16.50.
Resistance Levels: $17.50 and $18.90.
---
Strategy Recommendations
Monitor the $17.10 level closely for signs of a breakout or breakdown.
Volume spikes will confirm the strength of either direction.
Use tight stops to manage risk during volatile price action.
#DexeUSDT #BinanceSignals #CryptoAnalysis #TradingSignal #USJoblessClaimsDrop