Signals for $DEXE
Action: Long & Short Positions
Entry Range: $15.20 - $15.60
DEXE is showing increased price action with a 3.22% 24-hour gain, suggesting momentum in a consolidating phase. The trading volume has decreased (-18.51%) over the last 24 hours, with a healthy Vol/Mkt Cap ratio of 0.8774%, indicating moderate liquidity. The price range between $14.26 (24h low) and $15.53 (24h high) highlights an ongoing consolidation zone near the upper resistance level.
For a long position, consider entering between $15.20 and $15.40 if the price rebounds from this level with bullish candles on the 5-minute chart. Target profit levels can range from $15.70 to $17.00.
For a short position, watch for rejection near $15.50 - $15.60. A reversal pattern or bearish confirmation (e.g., RSI divergence or a bearish engulfing candle) would signal an entry for shorting. Target profits can range from $14.80 to $14.00.
Apply tight stop-losses (0.5% to 1.5%) to manage risk due to potential breakouts. Adjust your position size based on the volatility. Always confirm signals using indicators such as RSI, MACD, or Bollinger Bands for increased accuracy.
🥂 Trade Now $DEXE
🚨 Note: Trade at your own risk. DYOR.
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