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DeXe crypto token rallies 36% then drops amid volatile liquidations, bulls still hopeful despite market pressure.

Technical Signals
06 Jun 2026
AMBCrypto
View Source
Neutral
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DeXe (DEXE) surged nearly 36% on June 3 due to massive short liquidations and spot buying but retraced to $17.19 within 27 hours. This volatility was driven by overleveraged traders on both sides being liquidated. Despite the drop, DEXE bounced back about 15%, suggesting bullish momentum remains. However, with Bitcoin losing the $60k level, broader market weakness could challenge DeXe's gains. Traders are advised to watch the $17.18 support level and consider the potential for a healthy pullback within the ongoing uptrend.

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