🚨 $DEXE /USDT: Bullish Momentum & Targets 🚀
Current Price Action:
DEXE is trading at $10.93, marking a +24.50% surge over the past 24 hours. The pair recently tested the $12.00 level, showing strong bullish pressure.
Key Levels & Targets:
1️⃣ First Target: $12.00 (Resistance Level Tested)
2️⃣ Second Target: $14.00 (Potential Upside)
3️⃣ Third Target: $16.00 (Major Resistance Zone)
Technical Insights:
Uptrend Confirmed: A breakout from the $8.50 consolidation zone highlights a solid uptrend.
High Volatility: A 24-hour range from $8.62 to $12.00 indicates strong market activity.
Indicators: RSI suggests overbought conditions, hinting at potential consolidation before further upward movement.
Strategy:
Short-Term Traders: Watch for a potential retest of $10.00 support to re-enter trades. Target $12.50 and $14.00 for profit-taking.
Long-Term Holders: Hold positions for a potential breakout above $12.00, with $16.00 as a mid-term target. Manage risk below $10.00.