Key levels

Current support: 1.88–1.90.

Stronger support: around 1.80, then the visible low near 1.613.

First resistance: 1.95–1.97.

Main resistance: 2.02–2.09.

Higher resistance: 2.21–2.25, then 2.50.

Indicator readings

RSI at 60.209: short-term momentum is positive, but it’s not in overbought territory; this means a rise is possible, but RSI alone does not confirm the trend.

MACD near zero: there is an attempt to improve, but momentum is still weak; an upward cross without strong trading volume may be only a temporary rebound.

Price is moving below a clearly defined horizontal resistance zone, with small candles and limited fluctuations; this reflects a temporary balance between buyers and sellers.

The bigger trend remains weak as long as price is far from the EMA(99) at around 2.32.

Possible scenarios

Bullish scenario

A 4-hour close above 1.97, then a breakout of 2.02–2.09 with clear trading volume could open the way toward:

2.21–2.25.

Around 2.32.

2.50 if momentum continues.

A breakout above 2.09 without strong volume is not enough; it’s better to wait for a successful retest of the zone.

Bearish scenario

Repeated failure under 1.95–1.97 followed by a break of 1.88–1.90 may push the price toward:

First: 1.80.

Around 1.70.

1.61, which is the clear low on the chart.

A cautious trading plan

For a buy trade: don’t chase the price at 1.907; it’s better to wait for a hold above 1.97 or a clear rebound from 1.88–1.90.

Stop-loss: below the entry zone and support immediately, leaving some room due to candle wicks.

Targets: 2.02, then 2.09, then 2.21.

For selling/shorting: the scenario becomes clearer only after a 4-hour close below 1.88, not just when the level is touched.

Keep risk small, especially since DEXE sometimes moves quickly and liquidity may not be sufficient to execute a tight stop.

Summary: The current assessment is neutral with a slight bearish bias; buying only strengthens above 1.97 then 2.09, while breaking 1.88 suggests the decline will continue. This is a technical reading, not an investment recommendation.$NVDAB