$DEXE ๐Ÿ”ฅโœจ๐Ÿ’ฏ

DEXE

14

-10.13%

/USDT Technical Analysis

The $DEXE /USDT trading pair is showcasing significant price action today, drawing attention from DeFi enthusiasts. Here's a detailed breakdown:

Current Price: $13.87 (-10.62%)

24h High: $15.76

24h Low: $13.37

24h Volume: 292,089.97 DEXE ($4.14M in USDT)

Market Overview:

Downtrend Pressure: DEXE has faced strong selling pressure, with a sharp decline from its 24-hour high.

Support Level: $13.37 is acting as the key support. If broken, we could see further downside.

Resistance Level: $15.76 remains the target for bullish traders aiming for a breakout.

Momentum: The 15-minute chart shows a slight recovery (+0.89%), suggesting short-term buyers are stepping in.

Indicators:

RSI: Near oversold territory, hinting at a possible reversal.

MACD: Shows bearish momentum but with a slight uptick on the shorter timeframe.

Trading Strategy:

Bullish Outlook: Watch for a break above $14.50 for a potential rally.

Bearish Outlook: If $13.37 support fails, traders may look for shorting opportunities.

Stay informed, and make calculated decisions. Trade smarter with Binance!

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