$DEXE /USDT Price Action: Will Momentum Continue to $20?
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$DEXE /USDT is trading at $18.139, marking a robust 15% increase over the past 24 hours. The pair has reached a high of $18.370 and a low of $14.810 during the same period, driven by strong trading volume, signaling bullish sentiment in the market.
Key Levels to Watch
Resistance:
$18.50: Immediate resistance, testing bullish strength.
$19.80: Key level for the next breakout.
Support:
$17.50: Vital support to maintain the upward momentum.
$16.90: Critical fallback level to avoid further downside.
Trading Strategies
For Bulls:
Entry: On a confirmed breakout above $18.50.
Target 1: $19.80
Target 2: $20.50
Stop Loss: $17.50
For Bears:
Entry: Below $17.50 if selling pressure increases.
Target 1: $16.90
Target 2: $15.50
Stop Loss: $18.50
Market Insight
With RSI at 64, there’s room for further upside before reaching overbought conditions. The MACD shows a continuation of bullish momentum, suggesting potential for additional gains. A breakout above $18.50 could lead to a rally toward $19.80 and beyond, while failure to sustain $17.50 may trigger a retracement.
Monitor these levels as DEXE approaches a critical decision point.