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Looking at $DEXTER's chart, some limit orders are building buy support to absorb potential selling pressure. If you're considering opening a position or adjusting your liquidity mining range, this level offers a decent risk-reward ratio.
How to interpret? Limit orders are essentially trade triggers set within the DEX—when the price drops to your specified level, it automatically buys a predetermined amount of tokens. When these orders accumulate to form buy support, it acts like a barrier, effectively stabilizing price fluctuations. Especially when combined with DLMM (Dynamic Liquidity Market Making) adjustments to your price range, you can achieve more efficient capital utilization with a tighter scope.