📊$DEXE
Technical Analysis: DEXE/USDT - 31st December 2024
Current Market Status:
Price: $14.914
24H Change: +16.51%
Volume: 1.33M DEXE ($19.22M USDT)
24H High/Low: $15.999 / $12.641
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Technical Levels & Analysis
📈 Key Resistance Levels (Targets):
1️⃣ Target 1 - $15.50:
Near-term resistance as observed from the depth chart.
Breaking above this level could signal continuation of the bullish trend.
2️⃣ Target 2 - $16.50:
Strong resistance level based on previous highs.
Requires increased buying volume to sustain momentum.
3️⃣ Target 3 - $17.50:
A psychological level where profit-taking may occur.
Reaching this target could confirm a significant breakout.
📉 Key Support Levels:
Primary Support: $14.24
Secondary Support: $13.64
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Indicators to Watch:
MA(5): Price trending below MA suggests potential short-term corrections.
RSI: Monitor for overbought signals as price nears resistance levels.
Volume: Sustained high volume is critical for breaking resistance.
🚀 Strategy:
For Bulls: Consider entering above $15.50 with targets at $16.50 and $17.50.
For Bears: Watch for rejection at $15.50 or $16.50 to short with stops at $17.
