*Current situation:*
After the latest correction, $DEXE has been able to hold above the demand zone at $1.80 and started to catch itself. The price at $1.92 is an area of hesitation between the seller and the buyer.
*Technical outlook:*
1. *Strong support*: $1.80 - $1.85. Holding above it is positive. Breaking it with a daily close will take us to $1.65
2. *First resistance*: $2.00 — an important psychological level. Breaking it opens the door to $2.15
3. *Second resistance*: $2.35 - $2.40. This was a local peak. Breaking it with volume = targeting $2.70
*Why is $DEXE important right now?*
The Copy Trading and SocialFi sector is coming back strongly. People are looking for trusted platforms to copy without having to learn analysis.
DEXE truly has a working product + large funds/whales that use the platform. Any rise in Bitcoin above 60k will strongly move these DeFi platforms.
*Scenarios:*
- *Bullish*: Holding above $1.92 + breaking $2.00 with volume = a journey to $2.35
- *Bearish*: Losing $1.80 = a return to test $1.65 again
*Summary:*
$1.92 is an accumulation zone. $DEXE is one of the projects that has real usage, not just talk. Watch trading volumes with a breakout above $2.
_Notice: This is only technical analysis and not investment advice. Manage capital first_
#DelistingAlert #DEXEUpdate #defi i #SocialTokens #Crypto
After the latest correction, $DEXE has been able to hold above the demand zone at $1.80 and started to catch itself. The price at $1.92 is an area of hesitation between the seller and the buyer.
*Technical outlook:*
1. *Strong support*: $1.80 - $1.85. Holding above it is positive. Breaking it with a daily close will take us to $1.65
2. *First resistance*: $2.00 — an important psychological level. Breaking it opens the door to $2.15
3. *Second resistance*: $2.35 - $2.40. This was a local peak. Breaking it with volume = targeting $2.70
*Why is $DEXE important right now?*
The Copy Trading and SocialFi sector is coming back strongly. People are looking for trusted platforms to copy without having to learn analysis.
DEXE truly has a working product + large funds/whales that use the platform. Any rise in Bitcoin above 60k will strongly move these DeFi platforms.
*Scenarios:*
- *Bullish*: Holding above $1.92 + breaking $2.00 with volume = a journey to $2.35
- *Bearish*: Losing $1.80 = a return to test $1.65 again
*Summary:*
$1.92 is an accumulation zone. $DEXE is one of the projects that has real usage, not just talk. Watch trading volumes with a breakout above $2.
_Notice: This is only technical analysis and not investment advice. Manage capital first_
#DelistingAlert #DEXEUpdate #defi i #SocialTokens #Crypto