$DEXE has seen a sharp sell-off, pushing price directly into a major demand area that has previously attracted buyers.
While the sudden drop may look alarming, this is also the type of zone where smart money often watches for signs of accumulation.
If buyers manage to defend this support, we could see a period of consolidation before an attempt to reclaim higher levels. A sustained recovery from this zone would strengthen the case for a bullish reversal.
For now, patience is important. Let the market confirm its direction instead of rushing into the first bounce.
As always, manage your risk and wait for confirmation.
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