Here's a concise 8 hour technical and fundamental analysis for Dexe Token (DEXE) at the current price of $9.055, optimized for short term trading:
* Key Levels (Binance Spot & Futures)
Support (Buy Zones)
$8.80 (4H EMA50 + recent swing low)
$8.50 (Strong psychological support)
$8.20 (Critical must hold level)
Resistance (Sell Zones)
$9.30 (Immediate resistance, recent highs)
$9.60 (Liquidation cluster, breakout target)
$10.00 (Next psychological resistance)
* Technical Indicators (1H/4H)
Trend Momentum
RSI (1H): 52 (Neutral, slight bullish bias)
> 70 = Overbought → Short signal
> <40 = Oversold → Buy signal
> MACD (1H): Bullish crossover forming
> Volume: Flat → Needs breakout confirmation
Order Book & Liquidation Levels
Bids (Buy Orders): Stacked at $8.80 and $8.50
Asks (Sell Orders): Thick at $9.30 and $9.60
Liquidations (Coinglass):
Longs liquidated below $8.50
Shorts squeezed above $9.60
* Fundamental Catalysts (Next 8 Hours)
DeFi Sentiment: DEXE is tied to DeFi ecosystem growth
BTC Correlation: Watch BTC's $60K level (DEXE beta: ~0.75)
Funding Rate (Binance): Neutral = No extreme leverage bias
* Trading Scenarios & Entry/Exit Levels
Bullish Breakout (Long Trade)
Entry: $8.90 $9.00 (on 1H close above $9.30)
Targets: $9.60 → $10.00
Stop Loss: $8.70 (below support)
Bearish Rejection (Short Trade)
Entry: $9.20 $9.30 (rejection + RSI >65)
Targets: $8.80 → $8.50
Stop Loss: $9.40 (above resistance)
Range Bound (Scalping)
Buy $8.80 / Sell $9.30
Tight $0.20 stops
* Actionable Trade Plan
High Probability Long: Buy pullbacks to $8.80 with RSI >40, target $9.60
High Probability Short: Short rejections at $9.30 with low volume, target $8.50
Breakout Trade: Only enter long above $9.30 with 2x average volume
* Risk Management
Position Size: ≤1 2% of capital
Leverage (Futures): ≤5x (altcoin volatility)
Watch For: DeFi news, BTC price action
Final Verdict
Neutral Bias until $9.30 or $8.50 breaks
Best Setup: Buy dips at $8.80 or wait for $9.30 breakout
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