$DEXE Analysis: Bullish Momentum Nearing Resistance!
$DEXE is currently trading at $15.581, reflecting an 8.33% gain in the past 24 hours. After recovering from a low of $12.459, the price has shown strong upward momentum, approaching a key resistance level with robust bullish activity.
Key Levels to Watch:
Resistance: $14.412 – A breakout above this level could propel the price toward $14.600 or higher.
Support: $13.851 – Maintaining above this level is vital to sustain the bullish trend.
Trade Setup:
Entry Point: $14.332
Targets:
1. $14.500
2. $14.600
3. $14.800
Stop-Loss: $13.800
Market Insight:
$DEXE is gaining momentum, with increased buying pressure evident from rising volume. A successful breakout above $14.412 could trigger a significant rally. However, a rejection at this level might lead to a retest of the $13.851 support before resuming the upward trend.
Keep a close eye on these levels for breakout confirmation or signs of a potential pullback. Approach trades with caution.