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DeXe price jumps over 20% to a new high amid short squeezes and strong market momentum

Technical Signals
10 Jul 2026
Crypto news
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Bullish
pluang ai news

DeXe (DEXE) price surged more than 20% to an all-time high of $36.34 on July 10, driven by a breakout above key resistance and heavy short position liquidations. The rally was fueled by a bullish pennant breakout, limited token supply on exchanges, and a short squeeze that forced bearish traders to buy back positions, amplifying demand. Positive market sentiment, rising whale activity, and strong technical indicators like MACD and Chaikin Money Flow support continued momentum, though the overbought RSI suggests a possible pause or consolidation before further gains. DeXe's fundamentals remain strong with nearly $1.6 billion locked value and growing investor interest in decentralized governance and AI projects.

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