$DEXE Dropped to 17.67, you didn't dare to buy, pushed up to 24.9, you chased in, now at 22.6, are you again hesitating whether to cut? Don't panic, I'll use myself as a living lesson to explain clearly to you.

There's an old Wang at the entrance of your community, who runs a pancake stall. Usually, pancakes sell for 10 yuan, but every time the city management comes to inspect, Old Wang panics and lowers the price to 5 yuan to clear stock—do you dare to buy then? No, because you know it could be confiscated at any time. After the city management leaves, the pancakes go back up to 10 yuan, and you regret not bottom-fishing. $DEXE is now just like that pancake stall: yesterday's low was 17.67, the whole network panicked and sold, but the 24-hour trading volume was 270 million USD, indicating someone is aggressively accumulating like stocking pancakes. Today, it surged to a high of 24.9, a 23% increase, exactly like the price rise after the city management leaves.
The key point: this kind of coin can't be played like stablecoins with a dead-hold. Yesterday's low was 17.67, today's high is 24.9, with a difference of over 7 yuan, and the volatility is faster than flipping pancakes. If you go all-in, a drop back to 18 overnight could scare you into a heart attack.
My operational suggestion: at the current 22.6 level, it's neither the floor nor the ceiling. If you want to get in, use 10% of your position to bottom-fish, set a stop-loss at 20.5, don't be greedy. If it really drops to around 20, add another 10%, lowering your average cost to about 21.5, and move the stop-loss up to 19.8. Don't expect to get rich overnight; this kind of coin's rise and fall depend entirely on news and sentiment. When your pancakes cool down, you need to sell quickly.
Increasing trading volume is a good sign, but don't be fooled by the price surge— that high at 24.9 might be a short-term top. If it pushes up without volume, it will quickly retrace. Remember: the real profit margin for Old Wang's pancake stall is only after the city management is completely gone and the price rises. When $DEXE trades sideways in the 20-22 range for two days with shrinking volume, that's the time to heavily accumulate.
If you understand, give a like. I am that old leek who survived in the crypto world by relying on pancake theory, to prevent you from stepping into pits.