📊 DEXE/USDT Analysis: Strong Rebound After the Crash, but the Trend Has Not Changed


DEXE is one of the tokens with the highest volatility after it had previously surged, then underwent a sharp correction, touching the $1.29 area before bouncing back to around $3.98.
This rebound shows that buyers are starting to come back in 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 that bearish pressure is still dominant.
The MACD is also still in negative territory, although the histogram has started to shrink, which indicates that selling pressure is beginning to ease. The $4.00 area is an important level that needs to be held. If the price can stay above that area with increased volume support, the chances of recovery toward the next resistance will be even more open.
However, if momentum fails to hold, further correction still needs to be watched. In conditions like this, waiting for trend confirmation and applying disciplined risk management is a wiser approach.
#DEXE #CryptoAnalysis #Trading #DeFi
#Dyor
DEXE-27.64%
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