Expected scenarios $DEXE
Positive scenario (bullish): If the price manages to break above the current resistance level (MA25 at 1.958) and closes above it with a full 1-hour candle, then the next target will be to move toward testing the previous high at 2.124.
Negative scenario (bearish): Failure to surpass the 1.958 level may cause the price to trade sideways, or pull back to test the first support at 1.911 (MA7). A break of this support may send the price back to test the 1.80 zones.
Note: The digital currency market is highly volatile. This analysis is purely technical, based on current data, and is not definitive financial advice.
Positive scenario (bullish): If the price manages to break above the current resistance level (MA25 at 1.958) and closes above it with a full 1-hour candle, then the next target will be to move toward testing the previous high at 2.124.
Negative scenario (bearish): Failure to surpass the 1.958 level may cause the price to trade sideways, or pull back to test the first support at 1.911 (MA7). A break of this support may send the price back to test the 1.80 zones.
Note: The digital currency market is highly volatile. This analysis is purely technical, based on current data, and is not definitive financial advice.