This chart shows the $DEXE /USDT pair on the 4-hour timeframe, with the current price at $8.462, reflecting a +2.86% increase. After a period of consolidation around the $8.0-$8.4 range, the price is attempting to break above resistance.

Analysis:

1. Trend Assessment: The chart suggests a sideways trend with potential for an upward breakout given the recent bullish movement.

2. Entry for Long: If the price breaks and sustains above $8.50 with volume, consider entering a long position.

Target: $8.90 (short-term), $9.50 (medium-term).

Stop Loss: $8.20 to protect against a false breakout.

3. Entry for Short: If the price fails to sustain above $8.50 and shows bearish momentum, consider entering a short position.

Target: $8.00 (short-term), $7.70 (medium-term).

Stop Loss: $8.60 to minimize risk.

Key Levels:

Resistance: $8.50 and $9.00.

Support: $8.00 and $7.70.

Wait for confirmation of a breakout or rejection before taking action. Proper risk management is critical, with position sizing based on your risk tolerance.

#BinanceAlphaAlert #USJoblessClaimsFall #GrayscaleSUITrust #FranklinCryptoETF #USUALTradingOpen