Summary
• DeXe/Tether (DEXEUSDT) broke above a key resistance cluster near 3.330, supported by rising volume and bullish momentum.
• Volatility expanded after 03:00 ET, with a sharp rebound off 3.252 and a late rally to 3.359.
• RSI crossed above 50 with strong momentum, but has not yet entered overbought territory.
• Bollinger Bands widened during the afternoon, indicating a shift from consolidation to breakout mode.
• Price action suggests a potential continuation of the upward trend toward 3.37–3.40, with 3.28–3.30 as critical support.
DeXe/Tether (DEXEUSDT) opened at 3.282 on 2026-01-02 at 12:00 ET, reached a high of 3.410, a low of 3.252, and closed at 3.319 at 12:00 ET on 2026-01-03. The 24-hour volume totaled approximately 78,852.03 units, with a notional turnover of 255,224.72 USD.
Structure & Key Levels
Price tested a key support zone near 3.280–3.300 multiple times, with a successful rebound confirmed by a bullish engulfing pattern at 07:15 ET and a strong hammer at 07:30 ET. A recent high at 3.410 and a low at 3.252 define a swing range, with Fibonacci levels suggesting 3.336 (38.2%) and 3.366 (50%) as critical resistance. The 3.30–3.32 range appears to be consolidating into a new dynamic support zone.
Momentum and Volatility
MACD crossed into positive territory after 00:15 ET and remained bullish, with a growing histogram suggesting strengthening momentum. RSI climbed from 40 to 56 over the course of the 24-hour window, indicating rising bullish pressure. Bollinger Bands widened after 03:00 ET, reflecting increased volatility, with price closing near the upper band as of the last 5-minute interval, suggesting the market may be overextending.
Volume and Turnover Signals
Volume spiked during the 01:15–01:45 ET period, confirming a sharp drop from 3.408 to 3.368. This was followed by a second volume increase during the 04:15–05:00 ET rally, supporting a bullish reversal. Notional turnover also rose in tandem with price increases, particularly during the 05:00–06:00 ET consolidation phase. No clear divergence between price and turnover was observed, indicating strong conviction in the move.
Forward Outlook
With bullish momentum intact and a clear breakout above 3.330, DeXe/Tether may test 3.36–3.38 over the next 24 hours. However, traders should remain cautious as price currently resides near the upper Bollinger Band, and any pullback toward 3.28–3.30 could trigger a retest of this support range.
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