🔥$DEXE /USDT Price Analysis – Target Overview🥲🥲

The $DEXE /USDT trading pair has been experiencing strong momentum, with an impressive +8.68% gain in the last 24 hours, currently trading at $9.901. Let’s break down the recent market activity and analyze its price potential in the short-term and long-term.

24-Hour Trading Data:

Current Price: $9.901

24h High: $10.595

24h Low: $8.474

24h Trading Volume ($DEXE

): 11.253M

24h Trading Volume (USDT): 40.37M

DEXE has demonstrated notable volatility, reaching a high of $10.595 and a low of $8.474 within the last 24 hours. The current price sits near the upper end of this range, indicating strong bullish sentiment in the market.

Moving Averages Analysis:

MA (7): $9.818

MA (25): $9.863

MA (99): $9.815

The short-term moving averages show a slightly mixed but bullish trend, with the 7-period moving average ($9.818) and the 99-period moving average ($9.815) closely aligned and higher than the 25-period moving average ($9.863). This indicates that DEXE has had some recent upward movement, and the trend remains slightly positive in the short term.

Key Support and Resistance Levels:

Support Level: $8.474

Resistance Level: $10.595

The price has found support at $8.474, which is crucial for maintaining its bullish trend. On the upside, the resistance at $10.595 has capped recent gains. A breakout above this level could drive further price appreciation, while a drop below $8.474 may signal a potential retracement.

Volume and Market Depth:

Market Depth: The market depth indicates balanced trading activity, with 40.37M USDT in trading volume and 11.253M DEXE traded in the last 24 hours. This suggests healthy liquidity, which facilitates price movement without significant slippage.

Short-Term Target: The immediate focus is the $10.595 resistance level. If DEXE can break above this level with substantial volume, it could target the $11.00 to $11.50 range.

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