$DEXE IS DOWN ~96% FROM ITS ATH.
ATH: $49.43
Current: $2.016
That means DEXE would need roughly 24.5X to revisit its previous ATH.
But here's where the chart gets interesting ๐
After crashing to $1.56, DEXE is now trying to stabilize around the $2 zone.
The key levels I'm watching:
โ $2.12 โ MA(7)
โ $2.50 โ Bollinger Middle
โ $3.76 โ Bollinger Upper
โ $4.07 โ MA(25)
If buyers reclaim $2.50 and then break $4, the structure could start looking very different.
Now look at the potential multiples from $2.016:
2X โ $4.03
3X โ $6.05
5X โ $10.08
10X โ $20.16
20X โ $40.32
24.5X โ $49.43 ATH
I'm NOT saying DEXE will return to $49.
That's the risk.
But after a ~96% drawdown, this becomes an interesting question:
Is DEXE finished...
or is this simply the aftermath of a massive capitulation?
I'm watching the $2.50 โ $4 zone closely.
Would you buy DEXE around $2, or wait for a confirmed breakout above $2.50? ๐
#dexe #DEFฤฐ #BinanceSquare #USJulyCPI&PPIDueThisWeek
ATH: $49.43
Current: $2.016
That means DEXE would need roughly 24.5X to revisit its previous ATH.
But here's where the chart gets interesting ๐
After crashing to $1.56, DEXE is now trying to stabilize around the $2 zone.
The key levels I'm watching:
โ $2.12 โ MA(7)
โ $2.50 โ Bollinger Middle
โ $3.76 โ Bollinger Upper
โ $4.07 โ MA(25)
If buyers reclaim $2.50 and then break $4, the structure could start looking very different.
Now look at the potential multiples from $2.016:
2X โ $4.03
3X โ $6.05
5X โ $10.08
10X โ $20.16
20X โ $40.32
24.5X โ $49.43 ATH
I'm NOT saying DEXE will return to $49.
That's the risk.
But after a ~96% drawdown, this becomes an interesting question:
Is DEXE finished...
or is this simply the aftermath of a massive capitulation?
I'm watching the $2.50 โ $4 zone closely.
Would you buy DEXE around $2, or wait for a confirmed breakout above $2.50? ๐
#dexe #DEFฤฐ #BinanceSquare #USJulyCPI&PPIDueThisWeek