Technical Analysis for $DEXE
/USDT
1. Current Price: $15.96
2. Trend Analysis:
Short-Term: Slight bearish movement due to a minor decline of -0.02%.
Support Level: $15.28 (24h Low)
Resistance Level: $16.22 (24h High)
3. Volume Analysis:
Strong trade volume indicates healthy market participation with 24h volume of 527,060.05 DEXE, and 8.27M USDT.
4. Momentum:
The price has been trading near the mid-range of the 24h interval, which suggests consolidation or minor downside pressure in the short term.
Trade Signal with Three Target Levels
Buy Entry: Around $15.60
Target 1 (First Resistance): $16.10
Target 2 (Mid Resistance): $16.30
Target 3 (Strong Resistance): $16.50
Trade Momentum:
If the price breaks above $16.00 with increased buying volume, expect momentum to push towards higher targets.
If the price declines below $15.28, the bearish momentum could extend towards lower levels.
Consider setting stop-loss orders below $15.28 to manage risk.