DeXe support test: Key levels to watch

DeXe support test: Key levels to watch
DeXe drops 6.96% to $1.94 today

DeXe (DEXE) is trading at $1.94, marking a daily decline of 6.96%. The asset remains below its key moving averages.

DEXE price prediction
24H -2.83%
$1.03
48H 0%
$1.06
7D -9.01%
$0.9645
1M -51.13%
$0.518
3M -82.23%
$0.1884
6M -52.57%
$0.5028
12M 54.72%
$1.64
Current price: $1.06 -0.16 13.04%
Real-time Data 01:41
Daily range 1.06 Arrow from to Icon 1.1
Weekly range 1.03 Arrow from to Icon 1.32
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Highlights

  • DeXe trades below key moving averages on short, medium, and long timeframes, indicating persistent selling pressure.
  • Momentum and volume indicators remain negative, with most signals in oversold or bearish territory, confirming strong seller control.
  • Price is projected to consolidate in the $1.75 to $2.13 range over the next 2 to 3 days, with low probability of a near-term reversal.

Persistent downside momentum as sellers dominate technical indicators

On the hourly timeframe, DEXE is positioned below the MA-20 and MA-50, while the daily chart shows the price well under the MA-200. The Ichimoku Kijun at $2.02 represents immediate resistance. Indicators continue to signal strong selling momentum: MACD and ADX both indicate a sell bias; RSI remains in sell territory. Stoch RSI and CCI are oversold, suggesting that sellers may be losing some momentum, while Bull/Bear Power stays negative. The Awesome Oscillator also supports the ongoing downside pressure.

DeXe asset chart
DeXe price dynamics. Source: TradingView.

Continued bearish bias as recovery hinges on resistance break

Over the next 2–3 trading days, DEXE is likely to remain in a volatility band between $1.75 and $2.13. The probability of a near-term recovery is low, with continued declines more likely unless the immediate resistance at $2.02 is broken decisively. A sustained move below the lower boundary of $1.75 would confirm further bearish extension, while consolidation within this zone remains the baseline scenario.

Viktoras Karapetjanc, Traders Union expert, notes that DEXE remains under clear technical pressure. He believes the dominance of sellers is evident, with most indicators still negative and price action trapped below resistance. Despite the strong sell momentum, oversold readings hint at a possible short-term pause in declines. Karapetjanc sees little chance of recovery unless $2.02 is broken decisively. "I expect DEXE to hover between $1.75 and $2.13 in the near term, with the bias still tilted to the downside unless buyers take control at resistance," he concludes.

Earlier, analysts noted that DeXe faced persistent selling pressure amid heightened trading activity and capital inflows. The current technical outlook reinforces the prior bearish view, with traders now advised to closely monitor the $1.75 level as a key downside risk in the coming sessions.

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.