☕️ Good morning! Has there been light at the end of the tunnel for DEXE? The first green candles after the storm!
After a large and painful drop on the daily timeframe, DEXE is finally showing the first signs of life. The asset is trading around $2.117 with a daily change of -41.97%, but on the chart, the long-awaited green candles are forming after the low for at least a day fell to $1.560 (as the overall drop from the peaks is -84.88%).
What’s currently on the chart:
First green shoots: After a series of deep red plunges, buyers are trying to take the initiative back and stabilize the price.
Trading volumes: Daily turnover is staying at a high level (over 56M USDT), which indicates massive market attention to this rebound.
Technical condition: RSI remains in the oversold zone near 12.46, leaving room for an upward technical correction.
⚠️ Will this be a real reversal and the start of recovery, or is it only a temporary pause before new moves?
📉 Are you following this rebound? Are you risking buying at the bottom, or is it better to watch from the sidelines? Have a great and profitable day, everyone! 👇
#BinanceSquare #DEXE #cryptotrading #Altcoins #TechnicalAnalysis
After a large and painful drop on the daily timeframe, DEXE is finally showing the first signs of life. The asset is trading around $2.117 with a daily change of -41.97%, but on the chart, the long-awaited green candles are forming after the low for at least a day fell to $1.560 (as the overall drop from the peaks is -84.88%).
What’s currently on the chart:
First green shoots: After a series of deep red plunges, buyers are trying to take the initiative back and stabilize the price.
Trading volumes: Daily turnover is staying at a high level (over 56M USDT), which indicates massive market attention to this rebound.
Technical condition: RSI remains in the oversold zone near 12.46, leaving room for an upward technical correction.
⚠️ Will this be a real reversal and the start of recovery, or is it only a temporary pause before new moves?
📉 Are you following this rebound? Are you risking buying at the bottom, or is it better to watch from the sidelines? Have a great and profitable day, everyone! 👇
#BinanceSquare #DEXE #cryptotrading #Altcoins #TechnicalAnalysis