Technical Analysis of $DEXE
/USDT:
Current Price: $13.43 (+12.89% in 24h)
Trend: Bullish Momentum – The price has shown a solid upward move, surpassing the previous day’s high of $14.24 and maintaining strong upward momentum.
Key Levels:
Support: $11.41 (24h low)
Resistance: $14.24 (24h high)
Mid-range: $13.43 (current price)
Trade Signal & Target Levels:
1. Buy Entry: $13.50 (if the price holds above this level)
Target 1: $14.00 (near term resistance)
Target 2: $14.50 (next potential resistance level)
Target 3: $15.00 (longer term bull target)
2. Sell Entry (if price moves below support levels):
Target 1: $12.00 (near term support)
Target 2: $11.50 (stronger support zone)
Target 3: $11.00 (lower support)
Trade Momentum:
The current momentum suggests a bullish outlook, but traders should monitor the price action around the $14.00 resistance for any potential signs of reversal. A break above this level could lead to continued upward movement toward $15.00.
Risk Management: Consider stop-loss orders below the $11.00 mark to mitigate downside risk if the market turns.
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