DeXe Faces Rising Short Pressure Despite Whale Accumulation and Bullish Structure
The post DeXe Faces Rising Short Pressure Despite Whale Accumulation and Bullish Structure appeared on BitcoinEthereumNews.com. Key highlights: DeXe whales continue accumulating, though the pace of buying appears to be slowing Shorts now account for nearly 60% of market exposure, signaling growing bearish sentiment in the short term DEXE recently broke above the $24 liquidity zone, with the next major target sitting near $32 DeXe (DEXE) remains one of the stronger-performing altcoins in the market, but signs of growing bearish pressure are beginning to emerge beneath the surface. The token has recorded three consecutive days of gains, successfully breaking above the key $24 liquidity zone and reinforcing its bullish market structure. However, while the broader trend remains positive, derivatives data suggests traders are becoming increasingly cautious about the sustainability of the rally. The divergence between price action and positioning data could set the stage for heightened vola