$DEXE has seen a price decline of 2.79% in the past 24 hours.
It tested the lower Bollinger Band at 8.473, indicating potential oversold conditions.
With current support at 8.417, there’s a risk of further downside if this level fails.
Volatility appears to be contracting, suggesting a potential range-bound move ahead.
Traders should consider placing stop-loss orders below 8.417 to manage risk.
Given the undefined market sentiment, it’s advisable to wait for confirmation before entering positions.
Setting alerts around key levels (8.841 resistance and 8.417 support) can help catch potential breakout opportunities.
