One thing I always watch is the relationship between price movement, trading volume, liquidity, and the overall market structure. When a coin becomes extremely overextended, the likelihood of a sharp correction increases significantly.
$DEXE $BANK $ACE Most of the time, the market moves exactly as I told you.
DEXE collapse exactly as expected
A few days ago, I warned that DEXE was entering a dangerous zone after its strong surge. At that time, I mentioned that the $40–$42 range looked like a strong profit-taking area, and that’s exactly what happened; the market reversed at that level.
Today, DEXE has crashed down to around $7.40, wiping out roughly 80% of its value in a very short time. That’s why chasing huge green candles without a proper risk plan can be extremely dangerous.
One thing I always watch is the relationship between price movement, trading volume, liquidity, and the overall market structure. When a coin becomes extremely overextended, the likelihood of a sharp correction increases significantly.
Now, the next key support area is near $7.00. If this level fails to hold, the correction may extend toward the $6.00–$6.30 range before the market finds stronger buy interest.
#dexe #DEXO #BitcoinETFsPostLongestInflowStreakSinceMay #GoldAndSilverExtendGains #KoreanTradersCutLeverageToThreeMonthLow