📊 $DEXE /USDT TECHNICAL ANALYSIS
The current price of DEXE/USDT is 11.515, showing a significant increase of +21.16%. The 24-hour high is 12.000, and the 24-hour low is 9.322. The price has been on an upward trend, as indicated by the green candlesticks on the 30-minute chart.
TRADE SETUP
Long Entry 📈
- Entry Point: 11.515
- Explanation: Entering a long position at this level could be beneficial if the price continues its upward trend, targeting 12.000. A stop loss at 11.000 will help manage potential losses.
- Target Price (TP): 12.000
- Stop Loss (SL): 11.000
Short Entry 📉
- Entry Point: 11.515
- Explanation: Entering a short position at this level might yield gains if the price reverses and heads towards 10.500. A stop loss at 12.000 will manage the risk.
- Target Price (TP): 10.500
- Stop Loss (SL): 12.000
RISK MANAGEMENT
Ensure to use proper risk management strategies by not risking more than 1-2% of your trading capital on a single trade. Adjust your position size accordingly to maintain this risk level.
INDICATOR PREDICTION
The current indicators suggest a bullish trend with potential for further upward movement. However, be cautious of potential pullbacks and set your stop losses accordingly. 📈📉💼📊💹