$DEXE / $USDT analysis on 1d

🔍 **Price Analysis**
The current price of $DEXE stands at $7.40, following a significant bearish trend indicated by a bearish score of 80/100. The last close at $7.41 suggests a slight downward momentum. Key support levels are around $7.09 (BB Low) and $7.34 (Resistance level), which are critical for maintaining the price structure.

📉 **Trend Evaluation**
The bearish trend persists, reinforced by an RSI of 33.67 showing oversold conditions and a strong ADX of 54.18, which indicates a strong trend. Despite a bullish Doji candlestick pattern indicating potential reversal, the overall market sentiment remains bearish.

📊 **Future Considerations**
Given the market conditions, if $DEXE can sustain above $7.34, it may target $8.05 (MA10), while a failure to hold support could lead to further declines towards the next support at $7.09. A key resistance level is at $12.33.

🎯 **Target and Stop-Loss**
Target: $8.05
Stop-Loss: $7.10

In summary, $DEXE faces strong resistance above $8, and while there is potential for a bounce, prudent risk management is essential.

This content is generated by AI and does not constitute investment advice.
Do your own research before investing in any asset, and only invest what you can afford to lose.