📊 DEXE/USDT Analysis: Strong Bounce After the Crash, But the Trend Has Not Changed

DEXE became one of the tokens with the highest volatility after it had surged, then underwent a sharp correction, falling to the $1.29 area before bouncing back to the $3.98 range.

This rebound suggests buyers are starting to re-enter at lower price levels, but it is not enough to fully confirm a trend reversal. Technically, the price is still below the EMA 5, EMA 10, and EMA 30, indicating bearish pressure is still dominant.

MACD is also still in negative territory, even though the histogram is beginning to shrink, which indicates selling pressure is starting to ease. The $4.00 area is an important level that needs to be maintained. If the price can hold above that area with increasing volume support, the chance of a recovery toward the next resistance will become wider.

However, if momentum fails to hold, further correction still needs to be watched for. In a situation like this, waiting for trend confirmation and applying disciplined risk management is a wiser approach.

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#Dyor $DEXE ‌