At the moment, the price of
$DEXE is at $2,470, after previously touching the 24-hour low at $2,378 and the high at $2,721.
From the 5-minute timeframe chart, we can see an interesting signal:
✅ The current price is moving above the EMA 7 ($2,455) and EMA 25 ($2,438) — a sign that selling pressure is starting to ease
✅ It is trying to break through the EMA 99 at $2,469 as the first recovery hurdle
✅ Trading volume is beginning to pick back up after a sharp drop previously
✅ The buy order ratio reached 68.65%, indicating that accumulation interest is starting to increase
In the short term, if it manages to break through and hold above $2.47–2.48, the next target is to retest the $2.60 range upward. Conversely, if it gets rejected, strong support is at the $2.38 area.
Keep in mind, this asset is still in a recovery phase from a long decline, so manage risk well, okay. In your opinion, is
$DEXE already ready to continue rising, or does it still need more consolidation?
#DEXE #AnalisisKripto #DeFi #BinanceSquare