📊 DEXE/USDT | Is the coin gearing up for a new rally, or is the downturn not over yet? 🚀
$DEXE is going through a critical phase after a strong decline, followed by a rebound from the 1.229 USDT area, bringing prices back to trading near 1.32 USDT.
🔍 Technical analysis:
The price is trying to regain positive momentum, but the overall trend remains under selling pressure. Therefore, we need confirmation of a breakout before talking about a bullish reversal.
📈 Resistance levels:
- 1.340 – 1.355
- 1.362
- 1.410
- 1.447
📉 Support levels:
- 1.296
- 1.266
- 1.229
- 1.220
🔥 Bullish scenario:
A breakout above the 1.355 area and a close above it, accompanied by increased trading volume, could pave the way for a test of 1.362 and then 1.410.
⚠️ Bearish scenario:
If the price fails to break through resistance and falls below 1.296, selling pressure could return, with a possible test of 1.266 and then 1.229.
🎯 Summary:
DEXE is at an important point in its price movement. There is no confirmed signal yet that the downtrend has ended, but the recent rebound is worth watching.
Always remember: successful trading is not based on predictions alone, but also on patience and risk management.
💬 Question for the community:
Do you think DEXE is preparing to return to 1.50 USDT? Or will we see lower levels before it takes off?
Share your analysis! 👇
#DEXE #Binance #Trading #TechnicalAnalysis #Altcoins
$DEXE is going through a critical phase after a strong decline, followed by a rebound from the 1.229 USDT area, bringing prices back to trading near 1.32 USDT.
🔍 Technical analysis:
The price is trying to regain positive momentum, but the overall trend remains under selling pressure. Therefore, we need confirmation of a breakout before talking about a bullish reversal.
📈 Resistance levels:
- 1.340 – 1.355
- 1.362
- 1.410
- 1.447
📉 Support levels:
- 1.296
- 1.266
- 1.229
- 1.220
🔥 Bullish scenario:
A breakout above the 1.355 area and a close above it, accompanied by increased trading volume, could pave the way for a test of 1.362 and then 1.410.
⚠️ Bearish scenario:
If the price fails to break through resistance and falls below 1.296, selling pressure could return, with a possible test of 1.266 and then 1.229.
🎯 Summary:
DEXE is at an important point in its price movement. There is no confirmed signal yet that the downtrend has ended, but the recent rebound is worth watching.
Always remember: successful trading is not based on predictions alone, but also on patience and risk management.
💬 Question for the community:
Do you think DEXE is preparing to return to 1.50 USDT? Or will we see lower levels before it takes off?
Share your analysis! 👇
#DEXE #Binance #Trading #TechnicalAnalysis #Altcoins