📊 $DEXE ATTEMPTS TO LEAVE BEHIND ITS LOWS, CRAZY
The token $DEXE (DeXe) has been showing an interesting dynamic over the last 48 hours, managing to trade above the lows zone where it had remained stuck for weeks.
🔍 KEY POINTS OF THE MOVE:
• Range Break: After a long period of consolidation and bearish pressure at critical levels, the price has now gone 2 consecutive days above that support base that seemed unbreakable.
• Building a Floor: This behavior suggests that massive selling pressure may be running out, allowing the asset to attempt to build a short-term reversal structure.
• Volume Monitoring: For this move to validate a real change in trend, the market needs to register a steady increase in buy-side volume on Spot and not rely only on volatility in derivatives.
💡 What to look for now?
It’s essential to watch whether DEXE manages to close the daily candles above this former lows range to turn it into a new solid support, or if it’s just a simple technical relief bounce.
⚠️ This content is strictly for informational purposes and constitutes a personal market analysis. UNDER NO CIRCUMSTANCES does it represent investment advice or a recommendation. Any investment in cryptocurrencies involves a high risk of losing capital. Always do your own research (DYOR) before making any financial decisions.
#DEXE #DeXeProtocol #BinanceSquare #CryptoAnálisis #DeFi
The token $DEXE (DeXe) has been showing an interesting dynamic over the last 48 hours, managing to trade above the lows zone where it had remained stuck for weeks.
🔍 KEY POINTS OF THE MOVE:
• Range Break: After a long period of consolidation and bearish pressure at critical levels, the price has now gone 2 consecutive days above that support base that seemed unbreakable.
• Building a Floor: This behavior suggests that massive selling pressure may be running out, allowing the asset to attempt to build a short-term reversal structure.
• Volume Monitoring: For this move to validate a real change in trend, the market needs to register a steady increase in buy-side volume on Spot and not rely only on volatility in derivatives.
💡 What to look for now?
It’s essential to watch whether DEXE manages to close the daily candles above this former lows range to turn it into a new solid support, or if it’s just a simple technical relief bounce.
⚠️ This content is strictly for informational purposes and constitutes a personal market analysis. UNDER NO CIRCUMSTANCES does it represent investment advice or a recommendation. Any investment in cryptocurrencies involves a high risk of losing capital. Always do your own research (DYOR) before making any financial decisions.
#DEXE #DeXeProtocol #BinanceSquare #CryptoAnálisis #DeFi