
$DEXE has collapsed into a historic demand zone after an 85% decline from its peak.
Trading Plan Long $DEXE
Entry: 4.80 – 4.95
SL: 4.70
TP1: 5.50
TP2: 6.80
TP3: 8.50
The asset has plunged from 33.0 to 4.858 — an 85% drop. The RSI reading stands at 6, which is one of the most extreme oversold readings I have ever seen. Volume has spiked dramatically during the selloff, which often signals capitulation — the moment when weak hands finally give up and smart money starts accumulating. The 4-hour chart shows a massive red candle, but moves like this are rarely sustainable. This level has acted as a floor in the past, and historical support tends to hold until there's a significant shift in market structure. If buyers defend this zone, the next resistance areas to monitor are 5.50 and 6.80. The SL is placed tight at 4.70, just below the recent low, protecting against a breakdown while TP3 at 8.50 targets a 75% upside from entry. When fear hits these extreme levels, it's usually the best time to buy.
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