$DEXE 💯💯💯🧐🧐
DEXE/USDT – Technical Analysis (BINANCE)
Current Price: $12.30
24H Change: -6.57%
Volume (USDT): $3.58M
Volume (DEXE): 284,837
Category: DeFi
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Market Overview:
DEXE has experienced a pullback after hitting a 24H high of $13.32, dropping to a low of $11.60. The current price around $12.30 suggests a possible retest of support or accumulation zone.
Key Technical Points:
Support: $11.60
Resistance: $13.32
Volume Drop hints at weakening selling pressure – potential for rebound.
RSI: Likely nearing oversold (watch for reversal signals on 1H/4H charts).
MACD: Bearish but flattening – sign of slowdown in downward momentum.
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🎯 Price Targets Based on Technical Zones
1. 🎯 Target 1 – $13.00
Near-term bounce target.
A psychological and previous intraday resistance level. If buyers step in at $11.60–$12.00, this zone can be hit quickly.
2. 🎯 Target 2 – $14.28
Next major resistance level (also shown in the depth/market data).
A clear breakout above $13.32 can push price toward this stronger barrier. Ideal swing target if the trend reverses with volume.
3. 🎯 Target 3 – $16.00
Fibonacci extension & prior resistance zone.
This zone has been tested in previous uptrends (depth suggests it's a sell wall). Reaching here would require strong bullish momentum and favorable market conditions.
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Strategy Tip:
Entry Zone: Between $11.60–$12.20 (on confirmation of support holding)
Stop-loss: Below $11.50
Profit Booking: Consider scaling out at each target level
Volume Watch: An increase in buying volume around $12.00 could signal a reversal.