Here is a short trade set-up for DEXEUSDT. Entry: 20.85 SL: 23.35 TP1: 12.50 TP2: 7.50 Given the significant price movements, be prepared for potential volatility. Implement a stop-loss order to mitigate potential losses. For long positions, a stop-loss below the identified support level is advisable. For short positions, a stop-loss above the recent high can...
RSI (Relative Strength Index): The RSI is at 72, suggesting overbought conditions in the short term. However, in strong uptrends, RSI can remain overbought for an extended period. Volume Analysis: Volume is relatively high, indicating strong market interest and momentum in the current move. There is no significant volume divergence, meaning the uptrend might...