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MyCryptoParadise_Simon
Mar 29, 2024 10:56 PM

DNX/USDT in Perfect Position for Bullish Reversal |🚀 Be Ready Long

Dynex / USDTMEXC Global

Description

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💎Paradisers, let’s zoom in on #DNXUSDT. It’s showing signs that it might start to increase in price from the current support level.

💎What’s Happening with Dynex? After moving out of a downward trend, Dynex is at a point where it could start to challenge the resistance at $0.933. The trading volume is low right now, but if it starts to pick up at the support level, $0.689, we might see the price begin to climb.

💎If #DNX falls below its current support level, we may need to look for a rise from the next support level at $0.555. If the price doesn't manage to start an upward trend from this point, it means the price will continue to drop.

💎It’s important to keep an eye on DNX and be ready to change our strategies as the market changes. Stay sharp!
Comments
Cryptofreak1013
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Great effort. I like your analysis
MyCryptoParadise_Simon
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@Cryptofreak1013, Thank you
sulyvahn357286
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is this a good token to invest in?
sulyvahn357286
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@sulyvahn357286, sorry, coin i mean
LegionQ8
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Very possible that price continue to decline almost to demand zone
MyCryptoParadise_Simon
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@LegionQ8, Thank you for noticing....that's why I have also mentioned this zone in my analysis
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