DEXE’s price surged by 10% within 24 hours, fueled by notable activity in the spot market. Nonetheless, there is substantial pressure from taker-sellers, indicating a cautious market sentiment despite the increase.
Technical indicators show bullish potential for DEXE, but the strength of buy-side demand is crucial. If aggressive selling persists, the sustainability of this rally may be threatened, possibly leading to price reversals.
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