$DEXE maintains a strongly bearish higher-timeframe market structure. Following its steep decline from the $48.8 all-time high down to $1.5, price action has shown minimal bullish momentum. Although $DEXE is currently holding around $2.3, this bounce carries the classic signatures of a dead cat bounce. July's decisive red monthly close drove price straight into the crucial $2 support level, which serves as the current line in the sand. A breakdown below $2 opens the door to $1, while holding this level could trigger a relief rally toward the $5 resistance zone. Which level gets tested first—$1 or $5? #DEXEPriceAnalysis $DEXE