#DEXEUSDT : The Calm Before the Squeeze Storm#DEXE
The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.
The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.
There is a key support zone in green at 2.04, and the price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving a
Long