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Now, let’s dive into this chart analysis:
DDEXE is currently near the support trendline and slightly below the 35 EMA, indicating a potentially critical point for the asset.
A breakout above the 35 EMA will likely push the price toward the resistance trendline at $12.37. DDEXE has managed to hold the support trendline, and it must continue to do so to maintain the rally.
Key levels:
- Support Trendline: $8.536. - Primary Resistance: $10.24. - Higher Resistance: $12.37. - Invalidation Point: A close below the support trendline.
DYOR, NFA.
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