$DEXE Market Update: Testing Overbought Territory $DEXE is trading at $20.800, showing a 3.14% increase over the last 24 hours. The asset has reached a high of $20.856, pushing toward its upper resistance level with strong momentum.
Key Levels to Watch:
Resistance: $21.00 – A breakout above this level may drive the price towards $21.50 and $22.00.
Support: $19.75 – If the price retraces, it may test this level, with $19.00 acting as the next significant support.
Indicators:
RSI at 82 signals overbought conditions, suggesting a potential pullback or consolidation.
Strong volume indicates continued interest, but caution is advised as momentum nears exhaustion.
Trade Setup:
Long Entry: Above $21.00 with targets at $21.50 and $22.00.
Short Entry: Below $19.75 with targets at $19.00 and $18.50.
Risk Management: Place stop-loss orders at $20.30 to limit potential losses.