Crypto Express
06/16 00:22
DeXe [DEXE] – extends its weekly losses
DeXe [DEXE] – Governance protocol extends its weekly losses
DeXe [DEXE] topped the losers’ chart this week with a 16.95% decline, following last week’s brutal 24.52% drop, fueled by a 31% single-day crash to $8.29.
Bulls did stage a brief recovery above $10.50, but it lacked conviction.
The current week opened with an 8.29% decline, triggering six straight red candles that dragged DEXE back to $8.70, just above key support, but not far from danger.
Despite RSI sitting in deep oversold territory, the MACD has yet to show any bullish crossover. This suggests downside pressure remains intact, and a potential long squeeze could send DEXE back to retest the six-month low of $7.07.
Until a clear reversal structure or volume spike emerges, momentum favors the bears.
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