DEXE EXPERIENCING SEVERE DOWNTREND WITH 78.12% LOSS 📉💸
The price of $DEXE is experiencing a severe downtrend, with a 78.12% decline in the last 24 hours, indicating a strong bearish momentum 📉. This move is likely a result of a structural breakdown, with the price breaching the mid-range level at $13.9015 and testing the support zone at ~$4.0331 📊. The current price of $4.3430 is near the 24-hour low, suggesting a potential capitulation point 🤯.
The futures market is also reflecting this bearish sentiment, with a significant increase in volume and a sharp decline in price, indicating a potential acceleration of the downtrend 📊. The $DEXE price is currently testing the support zone, and a failure to hold this level could lead to further losses, potentially targeting the next support level 📉.
Levels to monitor:
Watching support around $4.0331
Structure suggests resistance near $13.9015
Mid range area: $13.9015
DYOR
Follow for Updates
#DEXE #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The price of $DEXE is experiencing a severe downtrend, with a 78.12% decline in the last 24 hours, indicating a strong bearish momentum 📉. This move is likely a result of a structural breakdown, with the price breaching the mid-range level at $13.9015 and testing the support zone at ~$4.0331 📊. The current price of $4.3430 is near the 24-hour low, suggesting a potential capitulation point 🤯.
The futures market is also reflecting this bearish sentiment, with a significant increase in volume and a sharp decline in price, indicating a potential acceleration of the downtrend 📊. The $DEXE price is currently testing the support zone, and a failure to hold this level could lead to further losses, potentially targeting the next support level 📉.
Levels to monitor:
Watching support around $4.0331
Structure suggests resistance near $13.9015
Mid range area: $13.9015
DYOR
Follow for Updates
#DEXE #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare