DXY Retest at 99.183: Will 100–101 Break as US Degen Index Stabilizes?

CryptoNewsLand
BTC-4,04%
ETH-4,95%
DEGEN-4,33%
  • DXY trades at 99.183 while retesting the 100–101 monthly resistance zone.

  • US Degen Index 6900 sits at $0.0001197 with support at $0.0001175 and resistance at $0.0001214.

  • A break above 101 on DXY would shift structure higher, while rejection keeps price below key resistance.

The U.S. Dollar Index (DXY) is trading near a critical monthly resistance zone between 100 and 101, according to the chart provided by CryptoPulse. Price currently sits around $99.183, just below the marked resistance band. Notably, this area has acted as a ceiling several times in recent months. The latest monthly candle shows price pushing upward into that zone again, following a rebound from lower levels near 96. Therefore, attention remains fixed on whether this retest holds or fails.

Monthly Resistance Zone Between 100 and 101

The chart highlights a clearly defined resistance block stretching from 100 to 101. Previously, price faced rejection in this region, as seen in multiple upper wicks on monthly candles. However, the current candle shows renewed upward pressure toward that same barrier.

DXY Retesting Resistance 👀

The Dollar Index is pushing back toward the 100–101 resistance zone on the monthly chart.

If this level rejects again, risk assets like crypto could find some relief.

Will DXY break higher — or get rejected once more? 👇 pic.twitter.com/uzeDAEPkeb

— CryptoPulse (@CryptoPulse_CRU) March 4, 2026

Moreover, the repeated reactions around 100 confirm its technical importance. If buyers push price above 101 on a monthly close, the structure would shift higher within the broader range. Conversely, if rejection occurs again, price may rotate back toward the 98–96 region shown on the chart. As of now, price remains slightly below resistance, keeping both scenarios open.

Recent Volatility and Structural Shifts

The previous price history demonstrates high volatility around $106 to $110 and after that, a sharp downward trend. That move created lower highs before stabilization near 96. Since then, candles have formed tighter ranges, reflecting reduced volatility. The current recovery leg appears measured rather than impulsive. Therefore, momentum looks controlled rather than aggressive.

Notably, the long lower wick near 96 indicates strong demand at that level. That reaction preceded the present climb toward 100. As price approaches resistance, candle size has moderated, suggesting a pause near supply.

US Degen Index 6900 Price Levels

Meanwhile, the US Degen Index 6900 trades at $0.0001197 after a 0.5% decline. The below 24-hour range indicates that the support is at $0.0001175 and resistance is at $0.0001214. The two are also trading at a price of 0.081759 BTC and 0.076093 ETH, which has fallen by 0.5 per cent and 0.4 per cent respectively.

In the current case, the bullish picture should be that price should be above $0.0001175 and test $0.0001214. Nevertheless, a falling trend may drive the price below the thick of support and reveal lower intraday prices.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments