Dexe eyes $10 comeback – but this hints at a reversal risk

At this moment, DEXE has gained interest from investors in both spot and perpetual markets, with a reported influx of at least 1.7 million USD. Despite this, concerns about sustainable growth persist.

The analysis of trading volume reveals a sharp decline of 34%, dropping to 14.5 million USD, signaling weakened trader support for the ongoing price increase.

The Accumulation/Distribution indicator remains in negative territory, yet is trending upward. This could indicate either a bullish recovery or increased selling pressure, depending on upcoming trends.

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