๐จ DEXE ON THE MOVE โ POSSIBLE TREND SHIFT? ๐จ
After a prolonged downtrend, DEXE/USDT is showing early signs of a bullish reversal on the 3-minute chart.
๐ Key Observations:
Price has bounced from a recent low at $8.693 and is currently holding above $8.72 with a +0.80% gain.
The Stochastic RSI has crossed upwards from oversold territory โ signaling growing buying momentum.
RSI(6) is trending above 50, a neutral-to-bullish bias.
Parabolic SAR dots are now appearing below the price โ typically a sign of reversal or upward push.
Price is approaching the 25 MA (8.74) and 99 MA (8.81), which will act as resistance zones.
๐ What This Means: If $DEXE manages to break and close above the $8.74โ$8.81 range, we could see an accelerated move toward $8.90+. However, failure to sustain this momentum may lead to another retest of the $8.69 support.
๐ง For Traders & Investors:
Short-term traders might consider watching for volume confirmation before entry.
Longer-term holders can monitor this as a potential base-forming zone.
โ ๏ธ As always, use risk management and avoid chasing green candles blindly.
