$DEXE
š DEXE/USDT Technical Analysis ā Binance Update
Current Price: $8.297 (+1.62%)
24h High: $8.793 | 24h Low: $7.529
Volume (24h): $5.81M USDT
Key Indicators
1. SAR (Stop and Reverse): Current SAR value is 8.032, indicating a bullish momentum as the price trades above this level.
2. Bollinger Bands: Price is approaching the upper band, suggesting possible resistance around $8.80-$9.00. A breakout may lead to further upside.
3. MACD: Positive crossover observed, signaling a potential continuation of the upward trend.
Targets šÆ
1ļøā£ Target 1: $8.80
The 24h high aligns with resistance at this level. A breakout could confirm a strong bullish continuation.
2ļøā£ Target 2: $9.43
Significant order book depth and prior resistance indicate this as the next key level. Traders may look for consolidation or rejection here.
3ļøā£ Target 3: $10.00
Psychological resistance and a round number level. Breaking this could trigger strong buying interest and a potential rally.
Strategy Suggestions
š Bullish Outlook: A sustained move above $8.80 could pave the way toward $9.43 and beyond. Monitor volume for confirmation of strength.
š Bearish Outlook: A drop below the SAR ($8.032) may push prices back toward $7.50 support. Be cautious of false breakouts.
š” Risk Management: Use stop-loss orders near $7.90 to limit downside risk.
Stay tuned for more updates and trade safely! š„