DeXe Price Rebounds 24.5% Amid Ongoing Bearish Momentum

DeXe's price rebounded by around 24.5% after a sharp decline tied to sector-wide DeFi turmoil and mass liquidations stemming from multiple protocol hacks.

The token plummeted nearly 90% in a single week, driven by risk aversion following three major protocol hacks in one day.

DeXe's price is still trading below key support levels, with momentum signals overwhelmingly bearish. The forecasted five-day trading range is $2.59 to $3.89, with a 79% chance of further downside.

The token's consolidation phase may continue, and traders should watch for a break above $3.89 or below $2.59 as cues for a meaningful directional shift.