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DeXe jumps 22% after breaking $16 resistance with strong volume surge

Technical Signals
25 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

DeXe (DEXE) surged 22% to $17.65 after breaking above the $16 resistance level that had capped its price since April 2025. Trading volume nearly doubled to $42.5 million, signaling strong market support for the breakout. Technical indicators like the 200-day EMA and ADX suggest continued bullish momentum, potentially pushing DEXE toward $23.90 if the $16 level holds. However, bearish sentiment remains in futures markets, with negative funding rates and more short positions, while on-chain data shows investors accumulating by moving tokens off exchanges, supporting the breakout's sustainability.

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