๐ $DEXE / USDT - Consolidation Near Bottom Support Zone! ๐
$DEXE is consolidating inside a key demand zone after finding major support at $1.800 (with a macro flush low at $1.560). The short-term timeframe shows early signs of recovery as buyers defend $1.910โ$1.930.
โ๏ธ Shariah Status: DeFi Utility Asset (DAO Infrastructure & Governance utility. Screened as Permissible / Exercise standard due diligence).
๐ Technical Breakdown:
โข Macro Support: $1.560 โ $1.800 zone acting as a high-volume demand base.
โข Overhead Resistance: $1.980 โ $2.000 (Confluence of MA7 and MA25 on Daily/4H).
โข RSI Momentum: Daily RSI (~42) & 1H RSI (~58) indicate selling pressure has cooled down, paving the way for a relief bounce.
๐ฏ Trade Setup (Spot):
โข Entry Zone: $1.910 โ $1.960
โข Target 1: $2.080
โข Target 2: $2.250
โข Target 3: $2.500
โข Stop Loss: $1.790
Accumulate systematically in spot and practice disciplined risk management! ๐ฅ
#DEXE #BinanceSquare #CryptoAnalysis #DeFi #SpotTrading
$DEXE is consolidating inside a key demand zone after finding major support at $1.800 (with a macro flush low at $1.560). The short-term timeframe shows early signs of recovery as buyers defend $1.910โ$1.930.
โ๏ธ Shariah Status: DeFi Utility Asset (DAO Infrastructure & Governance utility. Screened as Permissible / Exercise standard due diligence).
๐ Technical Breakdown:
โข Macro Support: $1.560 โ $1.800 zone acting as a high-volume demand base.
โข Overhead Resistance: $1.980 โ $2.000 (Confluence of MA7 and MA25 on Daily/4H).
โข RSI Momentum: Daily RSI (~42) & 1H RSI (~58) indicate selling pressure has cooled down, paving the way for a relief bounce.
๐ฏ Trade Setup (Spot):
โข Entry Zone: $1.910 โ $1.960
โข Target 1: $2.080
โข Target 2: $2.250
โข Target 3: $2.500
โข Stop Loss: $1.790
Accumulate systematically in spot and practice disciplined risk management! ๐ฅ
#DEXE #BinanceSquare #CryptoAnalysis #DeFi #SpotTrading
