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DEXE fades 16% after resistance sweep – Spot buyers step in but…

By Kelvin Murithi · Published March 11, 2026 · 1 min read · Source: AMBCrypto
DeFiTrading
Written by Written by Kelvin Murithi Reviewed by Reviewed by Renuka Tahelyani Updated 02:30 IST March 12, 2026 Share Share

DeXe [DEXE] recorded a sharp correction over the past 24 hours, falling 16% at press time. The drop followed an aggressive liquidity sweep near the $5.0 resistance zone.

That region accumulated a large cluster of resting orders. Once price tapped the zone, the market reversed quickly.

Such moves often occur after liquidity clears overhead resistance. Traders take profit, momentum cools, and price retraces.

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