$DEXE Technical Analysis (1D Chart) Alert 🚨🚨🚨🚨🚨
$DEXE is showing an extremely bearish structure after a massive breakdown from the $49.43 peak. The recent daily candle crashed through all major moving averages, confirming strong seller dominance.
📉 Trend: Strong Downtrend
🔴 Price: $2.60 (-27.24%)
📊 Volume: Elevated volume during the drop suggests panic selling and distribution.
Key Levels
Support: $2.39 (24h low), then $1.56
Resistance: $3.70, then $5.78
Major Resistance Zone: $18–25 (MA99 / MA25 area)
Indicators
Price is trading below MA(7), MA(25), and MA(99).
Bollinger Bands expanded sharply, indicating extreme volatility.
No confirmed reversal pattern yet.
Small green candles near $2.60 suggest temporary stabilization, not trend reversal.
Outlook
As long as DEXE remains below $3.70, bears remain in control. A break below $2.39 could send price toward $1.56. Bulls need a strong reclaim above $5.78 with volume to signal recovery.
⚠️ Current setup favors caution. Wait for confirmation before assuming a bottom has formed
Are you holding Dexe ??
#dexe #AltSeasonOnTheWay #GoldRises #BinanceSquareTalks
$DEXE is showing an extremely bearish structure after a massive breakdown from the $49.43 peak. The recent daily candle crashed through all major moving averages, confirming strong seller dominance.
📉 Trend: Strong Downtrend
🔴 Price: $2.60 (-27.24%)
📊 Volume: Elevated volume during the drop suggests panic selling and distribution.
Key Levels
Support: $2.39 (24h low), then $1.56
Resistance: $3.70, then $5.78
Major Resistance Zone: $18–25 (MA99 / MA25 area)
Indicators
Price is trading below MA(7), MA(25), and MA(99).
Bollinger Bands expanded sharply, indicating extreme volatility.
No confirmed reversal pattern yet.
Small green candles near $2.60 suggest temporary stabilization, not trend reversal.
Outlook
As long as DEXE remains below $3.70, bears remain in control. A break below $2.39 could send price toward $1.56. Bulls need a strong reclaim above $5.78 with volume to signal recovery.
⚠️ Current setup favors caution. Wait for confirmation before assuming a bottom has formed
Are you holding Dexe ??
#dexe #AltSeasonOnTheWay #GoldRises #BinanceSquareTalks