💥$DEXE /USDT – Time to Reclaim the Throne🤔🔐👇
🕒 Chart Timeframe: 1H & 4H
📈 Price: $10.08
📍Change: +2.62%
🎬 Market Outlook:👇
After facing strong selling pressure near the $10.68 resistance, DEXE stumbled into a corrective phase. But today, the token shows signs of a spirited rebound.
On the 1H chart, $DEXE printed a powerful bullish engulfing candle, breaking past short-term resistances and retesting its 20MA. The candle burst is backed by an uptick in volume and momentum—MACD flipped bullish with the lines crossing upward (🟡MACD: 0.026 | 🔵Signal: 0.019).
Meanwhile, RSI surged to 61.82, showing strength without yet being overbought.
🧠 4H Strategic Thinking:
Despite previous weakness, the asset has now reclaimed $10+ with a higher low structure forming. MACD histogram is shrinking in the negative zone, indicating declining bearish momentum.
💚 Key support: $9.77 / $9.55
❤️ Immediate resistance: $10.36 / $10.68
📌 🔥 Trade Strategy Plan (Bullish Bias):
Entry Zone: $10.00 – $10.05
Targets:
🎯 Target 1: $10.36
🎯 Target 2: $10.68
🎯 Target 3 (Aggressive): $11.00+
Stop Loss: Below $9.55 (recent low)
📊 Confidence Boosters:
MACD cross & histogram reversal on both timeframes.
RSI flipping above 60 with room to grow.
Reclaiming the 20 EMA on 1H and approaching 50 EMA on 4H.
💡 Pro Tip:
If $DEXE price consolidates above $10.36 with rising volume, expect acceleration towards $10.68+ swiftly. Avoid entering during RSI overbought spikes—wait for candle confirmation.
🧘 "Powerful rebounds are born in zones of maximum pessimism. Patience pays those who prepare." 💭
📉 This is not financial advice. DYOR before investing or trading.
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