🔄 DEXE/USDT – DeFi Token at Critical MA60 Inflection
Spot Trading | Binance
📊 Current Stats:
Price: $3.040 (+2.18% today)
24h High/Low: 3.104 / 2.969
24h Volume (USDT): 115,205.15
MA60: $3.043 (Immediate Pivot)
Category: DeFi
📈 Technical Context:
Price is testing MA60 resistance after a modest daily gain – a break above could signal short-term recovery.
Volume is low and below MA(5) & MA(10), indicating weak momentum.
Severe long-term downtrend (1Y: -84.69%, 180D: -58.70%) – overall bias remains bearish.
🎯 Trading Setup (Two-Scenario Approach):
Scenario 1 – Breakout Long (if MA60 is reclaimed)
Entry: Above 3.050 (confirmed break)
TP1: 3.120
TP2: 3.200
TP3: 3.280
SL: 2.980
Scenario 2 – Rejection Short (if MA60 holds)
Entry: Below 3.030 (break of support)
TP1: 2.970
TP2: 2.920
TP3: 2.870
SL: 3.080
$DEXE ⚠️ Risk Note:
Extremely bearish long-term trends – trade with caution.
DeFi tokens can be volatile despite low current volume.
Wait for confirmation before entering. Not financial advice.
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