๐ Trend
Price in the chart: 1.919 USDT
Moving Averages:
MA7 = 1.925
MA25 = 1.936
MA99 = 1.933
The price is below all three moving averages, which creates short-term bearish pressure. Also, trading volume in the final part of the chart is declining, meaning the current drop is not supported by strong trading activity.
Recent market data shows DEXE has been moving over the past few days within a range of about $1.83โ$2.04, with the close on September 25 near $1.94. ๏ฟฝ
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๐ข Key Supports
Level
Importance
1.904
Near support
1.897
Very important support
1.871
Stronger support
1.851
Major support
๐ด Resistances
Level
Importance
1.924โ1.936
Immediate resistance + moving average zone
1.950
Important resistance
1.964โ1.970
Strong resistance
2.000โ2.040
Higher resistance zone
๐ SHORT Scenario
If the price fails to reclaim 1.924โ1.936 and then breaks 1.904 with a clear close:
Potential entry: 1.900โ1.904
Stop: 1.936
TP1: 1.897
TP2: 1.871
TP3: 1.851
Itโs best to wait for a support break with clear trading volume instead of entering immediately upon touching the level.
๐ LONG Scenario
I do not consider an upside move confirmed from the current chart. The bullish scenario becomes stronger if the price returns above 1.936 and holds above it:
Potential entry: 1.937โ1.945 after confirmation
Stop: about 1.915
TP1: 1.950
TP2: 1.964
TP3: 1.970
And if 1.970 is broken with strong volume, the 2.00โ2.04 area can be monitored.
๐ฏ Summary
Currently on the 1-hour timeframe: bearish/corrective.
The key is:
Above 1.936 โ improvement for the upside
Below 1.904 โ likelihood of continued downside
Break 1.871 โ stronger bearish pressure
Price in the chart: 1.919 USDT
Moving Averages:
MA7 = 1.925
MA25 = 1.936
MA99 = 1.933
The price is below all three moving averages, which creates short-term bearish pressure. Also, trading volume in the final part of the chart is declining, meaning the current drop is not supported by strong trading activity.
Recent market data shows DEXE has been moving over the past few days within a range of about $1.83โ$2.04, with the close on September 25 near $1.94. ๏ฟฝ
Investing.com +ูก
๐ข Key Supports
Level
Importance
1.904
Near support
1.897
Very important support
1.871
Stronger support
1.851
Major support
๐ด Resistances
Level
Importance
1.924โ1.936
Immediate resistance + moving average zone
1.950
Important resistance
1.964โ1.970
Strong resistance
2.000โ2.040
Higher resistance zone
๐ SHORT Scenario
If the price fails to reclaim 1.924โ1.936 and then breaks 1.904 with a clear close:
Potential entry: 1.900โ1.904
Stop: 1.936
TP1: 1.897
TP2: 1.871
TP3: 1.851
Itโs best to wait for a support break with clear trading volume instead of entering immediately upon touching the level.
๐ LONG Scenario
I do not consider an upside move confirmed from the current chart. The bullish scenario becomes stronger if the price returns above 1.936 and holds above it:
Potential entry: 1.937โ1.945 after confirmation
Stop: about 1.915
TP1: 1.950
TP2: 1.964
TP3: 1.970
And if 1.970 is broken with strong volume, the 2.00โ2.04 area can be monitored.
๐ฏ Summary
Currently on the 1-hour timeframe: bearish/corrective.
The key is:
Above 1.936 โ improvement for the upside
Below 1.904 โ likelihood of continued downside
Break 1.871 โ stronger bearish pressure