$DEXE

📊 Technical Analysis for DEXE/USDT on Binance: Dec 22, 2024 🎯

Current Price: $10.081 (+16.06% in the last 24h)

24h Range: $8.658 - $12.000

Volume:

DEXE: 4.72M

USDT: $46.13M

Technical Indicators Overview

1️⃣ Parabolic SAR:

$7.523: Indicates strong bullish momentum as price remains significantly above the SAR level.

2️⃣ Bollinger Bands:

The price is nearing the upper Bollinger Band, suggesting a possible overbought condition but still indicating an ongoing uptrend.

3️⃣ MACD:

Positive crossover supports upward momentum.

🎯 Price Targets

1. Target 1: $10.927

Immediate resistance level, a breakout here could lead to further gains.

2. Target 2: $12.000

24h high and a key psychological barrier for profit-taking.

3. Target 3: $12.866

Strong bullish continuation level; sustained volume could push the price here.

Trading Strategy

Bullish View: Look for pullbacks to $8.988 or $9.000 to enter long positions. Targets are $10.927 and $12.000.

Bearish View: A break below $8.658 could lead to a retest of $7.523 (SAR support).

📈 Trend favors bulls, but monitor resistance at $10.927 carefully. Use stop-loss orders near $8.600 for risk management.

Trade wisely, and good luck! 🚀

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