🔥 $DEXE Strong Uptrend — Buyers Still in Control?
$DEXE has shown a strong bullish continuation after bouncing from the $3.52 support area, with buyers steadily pushing the price higher toward the recent $4.68 local high.
📊 On the 1H timeframe, price is trading well above the EMA 7, EMA 25, and EMA 99, indicating a solid bullish structure with strong short-term momentum. The series of higher highs and higher lows suggests that buyers are currently maintaining control of the trend.
However, the RSI is approaching the overbought zone, which may signal that the market could slow down or enter a short consolidation phase after the recent rally.
📈 Levels to Watch:
Support:
$4.45 – $4.13
Resistance:
$4.68 – $4.80
👀 If price manages to hold above the support zone, the market may attempt to extend the upward move toward the next resistance levels.
⚠️ Still, traders should remain cautious of potential pullbacks, as strong upward moves are often followed by short-term corrections before the trend continues.
✨ Trade Smart. Manage Risk. Always #dyor