$DEXE ‌ Brothers, DEXE has seen a one-day plunge of over 86% amid concerns over coordinated allocation—falling straight from $42.48 to $4.23, wiping out long positions!

On-chain data shows a massive deposit of 261k DEXE into exchanges—typical of large holders clustering to dump and sell. The order book has no ability to retaliate. Currently, RSI has been smashed to 9.9, an extreme oversold level. Meanwhile, the funding rate is as high as -0.33%, with crowded shorting pushing to the limit—an extreme short-squeeze upward spike could happen at any time.
In the short term, resistance overhead is in the 7.0–7.5 zone. Support at the bottom is at the 4.23–4.00 level; if it breaks, expect further downside.