$DEXE USDT Perpetual Market Analysis and Short-Term Outlook
#DEXE USDT is currently trading near the 2.34 USDT level on the 1-hour timeframe, showing signs of a short-term relief bounce after forming a local low around 2.18. The recent price recovery indicates buyers stepping in after an extended intraday downtrend, but the broader structure still reflects weakness. Price remains below the longer-term moving average, with the MA(99) positioned significantly higher, highlighting that the overall trend is still bearish.
In the short term, MA(7) has started to curl upward and is attempting to cross above recent candles, suggesting improving momentum. However, MA(25) is acting as a dynamic resistance zone around the 2.31–2.35 area. Sustained acceptance above this range would be required to confirm a stronger recovery. Failure to hold above this zone may lead to another retest of the 2.20–2.18 support region, which has already proven to be a demand area.
Volume remains moderate, indicating cautious participation rather than aggressive accumulation. This suggests that the current move is more likely a technical rebound rather than a full trend reversal. On higher timeframes, performance metrics show persistent bearish pressure, with heavy losses over the past month and quarter, reinforcing the need for confirmation before expecting upside continuation.
If price manages to break and hold above 2.40, the next upside target lies near 2.52. Conversely, rejection near current levels could keep DEXEUSDT range-bound or push it back toward recent lows. Risk management remains crucial under current market conditions.
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