📊 Technical Analysis
Current price on the chart: 1.897 USDT
24h high: 1.917
24h low: 1.863
MA7 = 1.885
MA25 = 1.885
MA99 = 1.897
The chart shows that after a strong drop, the coin has moved into an accumulation/consolidation phase near 1.86–1.91. The price is now around MA99, so the current zone is very important for determining the next direction.
🟢 LONG scenario
If an hourly candle closes above 1.913 with a clear rise in trading volume:
Entry: 1.915 – 1.925
Stop loss: 1.875
Target 1: 1.950
Target 2: 1.978
Target 3: 2.044
A break of 1.978 will be a stronger signal for the continuation of the uptrend.
🔴 SHORT scenario
If the price fails to break 1.913 and then breaks 1.863 with an hourly close:
Entry: 1.858 – 1.865
Stop loss: 1.900
Target 1: 1.830
Target 2: 1.800
Target 3: 1.750
🎯 Key levels
Level Importance 2.044
Strong resistance 1.978
Main resistance 1.913
Immediate resistance 1.897
Price/MA99 1.885
MA7 + MA25 1.863
Important support 1.848
Stronger support
Summary: The hourly trend is currently neutral and leaning bearish, but there is an attempt to form a bottom. The most important levels now are 1.913 for an upside move and 1.863 for a downside move. I do not recommend entering in the middle of the range before a clear break appears.
On the market side, the latest analysis published by CMC on October 3 indicated that DEXE was under pressure due to weak liquidity, with the possibility of retesting the $1.80 area if selling continues. Meanwhile, reclaiming $2.00 requires improving sentiment and an increase in volume. Also, October data up to October 3 showed trading between roughly $1.85 and $2.03.
Current price on the chart: 1.897 USDT
24h high: 1.917
24h low: 1.863
MA7 = 1.885
MA25 = 1.885
MA99 = 1.897
The chart shows that after a strong drop, the coin has moved into an accumulation/consolidation phase near 1.86–1.91. The price is now around MA99, so the current zone is very important for determining the next direction.
🟢 LONG scenario
If an hourly candle closes above 1.913 with a clear rise in trading volume:
Entry: 1.915 – 1.925
Stop loss: 1.875
Target 1: 1.950
Target 2: 1.978
Target 3: 2.044
A break of 1.978 will be a stronger signal for the continuation of the uptrend.
🔴 SHORT scenario
If the price fails to break 1.913 and then breaks 1.863 with an hourly close:
Entry: 1.858 – 1.865
Stop loss: 1.900
Target 1: 1.830
Target 2: 1.800
Target 3: 1.750
🎯 Key levels
Level Importance 2.044
Strong resistance 1.978
Main resistance 1.913
Immediate resistance 1.897
Price/MA99 1.885
MA7 + MA25 1.863
Important support 1.848
Stronger support
Summary: The hourly trend is currently neutral and leaning bearish, but there is an attempt to form a bottom. The most important levels now are 1.913 for an upside move and 1.863 for a downside move. I do not recommend entering in the middle of the range before a clear break appears.
On the market side, the latest analysis published by CMC on October 3 indicated that DEXE was under pressure due to weak liquidity, with the possibility of retesting the $1.80 area if selling continues. Meanwhile, reclaiming $2.00 requires improving sentiment and an increase in volume. Also, October data up to October 3 showed trading between roughly $1.85 and $2.03.