That's nothing like how I imagine that line being delivered. It's way too slow, lacking the urgency and immediacy it needs. The punch should be part of it, not after it.
I'm reminded of that famous philospher Eddie Catflap discussing playing Shakespeare, in an episode of Filthy Rich & Catflap: 'On the one hand I'm the fiery and warlike Tybalt, and on the other it's all "stand there while I do my speech"!'
I'm hoping the rest of the scene gives it some context. If Fear has just said "Gaze into the face of Fear" with the same intonation, so that Dredd's rejoinder imitates the way Fear says it as well as what he said, then it may just work. But I still feel having the grunt/punch afterwards, instead of being the tail end of the sentence (what he's doing as he speaks) makes it come across as more theatrical than actiony.
Not that you should judge(!) a scene or production based on such a short clip, but of course my pre-cogs have an accuracy rate of... hang on, is this graph upside down?