$DEXE ๐ฅโจ๐ฏ
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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