$DEXE /USDT
DEXE remains under intense bearish pressure after its massive collapse. Price trades near 2.371 with sellers still dominating the chart. Heavy long liquidations likely fueled the dramatic decline, while current price action shows stabilization rather than a confirmed reversal. Bulls must reclaim 2.50 to weaken bearish momentum and squeeze aggressive short positions. TG1: 2.50, TG2: 2.70, TG3: 3.00. Losing 2.34 support could invite another selling wave toward lower levels. Despite today's weakness, panic selling near support often creates opportunities for disciplined traders. Watch for rising volume and strong bullish candle closes before considering fresh longs. Until then, trend followers should remain cautious because catching falling markets carries high risk. Professional traders never average down without technical confirmation. Capital preservation matters more than forcing trades, especially after extreme volatility and liquidation-driven price movements.
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