$DEXE looks bearish on monthly Timeframe
Since $DEXE dumped from All time high at $48.8 to $1.5 , the price has been struggling to make significant bullish move
Though the coin is currently trading at $2.3, yet there is high chance this could be "bounce of a dead cat"
According to my TA, the monthly candle of July closed in a massive red which took it to $2 key support key
Now, everything lies on this support
If $DEXE loses it, $1 would be next but, if it stays above, we could see a brief move up to $5 resistance region
Which region do you think it is visiting first?
#DEXEPriceAnalysis
Since $DEXE dumped from All time high at $48.8 to $1.5 , the price has been struggling to make significant bullish move
Though the coin is currently trading at $2.3, yet there is high chance this could be "bounce of a dead cat"
According to my TA, the monthly candle of July closed in a massive red which took it to $2 key support key
Now, everything lies on this support
If $DEXE loses it, $1 would be next but, if it stays above, we could see a brief move up to $5 resistance region
Which region do you think it is visiting first?
#DEXEPriceAnalysis