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The Dexe (Dexe) Network increased by 12.4% in the last 24 hours as it has gained momentum with the total market limit of the Dead sector with $ 117 billion.
The best three, led by Lido (LDO) of $ 23.4B, Hyperliquid (Hype) with $ 11.0B and Chainlink (Link) in the amount of $ 10.7B with domination at 20%, 9.42%and 9.10%.
Meanwhile, Zebec Protocol (ZBCN) increased by 161% in weekly drivers, Tellor (Trb) for 81.1% and Lorenzo Protocol (Bank) He climbed to 21.9%.
Such an increase is a greater weight according to greater adoption, since, with wider sets on the cryptocurrency market, Dexe also increased.
After increasing over 12%in the last 24 hours, Dexe tried to break out and in these periods recorded its largest volume of 597%.
The Dexe Krypto Sample Sample moved over the descending resistance of the falling wedge, tearing to $ 13.857.
The breakthrough happened shortly after the price of Dexe spent some time in the “Buddha’s Zone”, between $ 12.50 and $ 13.50. This suggested that the price level was a critical accumulation zone by retailers.
If Dexe stays above the upper limit and maintains energy, it can be returned to $ 16.00, and then could reach even more to $ 20.00 and $ 24.00, which is the highest point in early February.
Source: x
If the price does not reach the resistance, it could return to the wedge of about $ 12.50 and $ 13.50 for another accumulation. If trading fell below $ 11,300, this area would indicate a violation of a bull pattern.
The breakthrough has shown that this trend fits into the normal structure of the wedge turn, so that it could be possible to continue on the trend of bull, but it must be safe that the candle compensation ends above the resistance.
Support in the amount of $ 13.20 was important, and $ 16.00 was resistance and a $ 24 mark was set up as our bull’s goal.
Multiple analyzes have shown a composition of 268,212 positions collected at a price of $ 13.42. Losing bunches on the heat folder for liquidation of Dexe/USDT at the time of writing stood just below the current price of $ 14.16.
In the event that Dexe’s price was available according to $ 13.42, there would certainly be huge long -term liquidations, making it more pressure to sell seeds.
In the meantime, customers could gather to defend themselves against the seller on these new liquidation layers.
Source: COINGLAS
If Dexe tests a $ 13.42 region, short positions can be closed quickly for profit, resulting in prices to jump higher.
The movement in the course of $ 14 could probably continue until one of these key zones from $ 14.5 to $ 14.85 is divided.