🚨 DEXE – Whale Sell-Off & Critical Support Zone 🚨
➡️ Massive sell pressure just hit $DEXE as large holders (whales) offloaded significant positions, causing a sharp -33% drop in a single daily candle. This sudden move sent DEXE crashing to a low of $8.29, barely bouncing above the 800 EMA (Daily) which sits at $9.06 — a crucial level.
📉 Current Status:
Price: $9.34
800 EMA Daily: $9.06 (Currently acting as support)
Last defense: $7.00 — A daily candle close below this and we could be headed for much lower levels.
Recovery target: $13+, but only if we reclaim and close above the $9 zone decisively.
⚠️ Caution: Market showing signs of manipulation and fakeouts. Don’t rush — we don’t want to see another $OM style collapse. Wait for confirmation before jumping in.
💬 What’s your strategy here? Accumulating or waiting on the sidelines? Let's discuss. 🔍👇
❤️ Follow and Like for more trading setups and market updates ♥️