$DEXE Is Testing a Critical Support Zone
DEXE has been under strong selling pressure, with price falling steadily into a key demand area. The current level is now acting as an important support, where buyers may attempt to regain control.
Price is trading at a major support zone after an extended bearish trend.
Selling momentum appears to be slowing, increasing the chances of a short-term relief bounce.
A successful hold above the current support could trigger a recovery toward the $3.20–$3.70 resistance region.
If support breaks with strong volume, the bearish trend may continue and lead to fresh lows.
Traders should wait for a bullish confirmation candle before considering long positions.
DEXE has been under strong selling pressure, with price falling steadily into a key demand area. The current level is now acting as an important support, where buyers may attempt to regain control.
Price is trading at a major support zone after an extended bearish trend.
Selling momentum appears to be slowing, increasing the chances of a short-term relief bounce.
A successful hold above the current support could trigger a recovery toward the $3.20–$3.70 resistance region.
If support breaks with strong volume, the bearish trend may continue and lead to fresh lows.
Traders should wait for a bullish confirmation candle before considering long positions.