📊 DEXE/USDT on Binance

Current chart price: 1.783 USDT. 24-hour change: -4.55%

🔴 Technical Analysis

On the hourly chart, the coin is under clear selling pressure, with the price moving below the moving averages, indicating that sellers are in control of the current trend.

MA(7): 1.787 — short-term average.

MA(25): 1.825 — potential resistance.

MA(99): 1.864 — stronger resistance.

The current price is below all three moving averages, so the short-term trend is bearish until a clear reversal signal appears.

These levels are estimates based on the chart provided and do not guarantee a price rebound from them.

🎯 Expected scenarios

1. Bearish scenario 🔴 If the price breaks below 1.765 and closes beneath it, it may move to test 1.750, then the 1.715 area if selling pressure continues.

2. Bullish scenario 🟢 If the price holds the 1.765 area and rebounds above 1.793, it may try to reach 1.825, then 1.864, provided clear buying strength emerges.

💡$DEXE Is now a good time for spot buying?

My technical view based on the chart:

Don’t rush to buy during a decline.

Watch the 1.765 area to see whether support holds.

A breakout above 1.825 with increased trading volume could signal improvement.

A break below 1.715 could mean continued weakness.

✅ Summary

Current trend: bearish 🔴

The coin needs to reclaim resistance levels to show genuine improvement. For now, it’s best to watch support and not enter based solely on the price decline.