$DEXE Analysis: Bullish Surge Approaching Key Resistance!
$DEXE is trading at $14.332, showing an 8.33% gain within the last 24 hours. After rebounding from a low of $12.459, the price has seen significant upward momentum, nearing its resistance level with strong bullish activity.
Key Levels to Watch:
Resistance: $14.412 – A breakout above this could push the price toward $14.600 or beyond.
Support: $13.851 – Holding above this level is critical for sustaining the bullish trend.
Trade Setup:
Entry Point: $14.332
Targets:
1. $14.500
2. $14.600
3. $14.800
Risk Management:
Stop-loss: $13.800
Market Insight:
$DEXE is experiencing increasing buying pressure, as reflected in the sharp rise in volume. If it breaks the $14.412 resistance, the next rally could be substantial. However, if rejected, it may retest the $13.851 support zone before resuming upward movement.
Monitor these levels for confirmation of a breakout or signs of a potential pullback. Trade cautiously.