$DEXE /USDT Analysis: Strong Momentum Continues
$DEXE is trading at $22.498, with an 8.14% increase in the last 24 hours, maintaining strong upward momentum after a recent low of $19.413.
Key Levels to Monitor:
Resistance: $23.900 – A breakout above this resistance could lead to targets of $25.000 and $26.500.
Support: $21.500 – A fall below this support might see a pullback toward $20.000 and $19.000.
Trade Setup:
Long Entry: Above $23.000, aiming for $25.000 and $26.500.
Short Entry: Below $21.500, targeting $20.000 and $19.000.
Technical Indicators:
RSI at 52.85: Neutral but trending higher, indicating the potential for further gains.
MACD slightly negative: Shows a temporary consolidation phase before a decisive move.
Market Insight:
Dexe is experiencing consistent bullish activity. If it sustains above $23.000, it could signal a continuation of the uptrend. However, caution is advised near $21.500, as a breakdown may trigger selling pressure. Monitor the volume closely for signs of strength or weakness.
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