DEXE/USDT Technical Analysis & Trade Signal
Current Price: $12.77 (up +26.97%)
Trend: Bullish (Strong upward momentum)
Key Levels:
Support: $11.91
Resistance: $14.027
SAR (Stop and Reverse): $12.349
Momentum: The strong upward momentum suggests a continuation of the bullish trend, with a 24-hour gain of nearly 27%. However, caution is needed near resistance levels.
Trade Signal:
Entry Point: Buy near $12.50 - $12.60
Target Levels:
1. Target 1: $13.50 (first resistance breakout)
2. Target 2: $14.00 (testing previous high)
3. Target 3: $14.50 (extended bullish move)
Stop-Loss: Place a stop-loss around $11.90 to protect against a reversal.
Trade Momentum:
Strong Uptrend: The price is consistently moving higher, supported by strong volume.
Monitor Volume: If volume stays high, the momentum can continue.
Keep an eye on any pullbacks towards support levels for potential buy opportunities.
#BTCNextMove #MicroStrategyInNasdaq100 #BinanceAlphaAlert #BinanceLaunchpoolBIO
