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DeXe surges 17% after wedge breakout – Is $4 the next target?

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What happened after the latest falling wedge price breakout?

Posted: February 25, 2026 Avatar

By: Kelvin Murithi Journalist Edited By: Jibin Mathew George DeXe surges 17% after wedge breakout - Is $4 the next target?

Kelvin Murithi Journalist Edited By: Jibin Mathew George Posted: February 25, 2026 Share this article

DeXe (DEXE) is in the news today after it recorded an explosive 17% surge on the daily charts. This move confirmed the continuation of its bullish run following a break and successful retest of a falling wedge pattern.

Put simply, momentum may be accelerating across the altcoin’s market.

$3.17 break opens a clear path to $4

On the daily charts, DeXe’s price pushed decisively above the $3.17-resistance level – A key zone that was a point of interest in AMBCrypto’s previous analysis. That breakout shifts market structure firmly in favour of the bulls.

The next major zone is at the $4 psychological level. A visible liquidity cluster around that area strengthens it as a key zone for short-term price action.

If momentum sustains itself, the $4-level will be the natural target on the bulls’ radar.

Source: TradingView

Trading volume expansion confirms strength

Trading activity has surged sharply too. According to AMBCrypto’s analysis of derivatives market data, DeXe spot volume jumped by 145% to $65 million.

Futures volume has also gone hand in hand with the hike in spot volume, with the same climbing by 83% to $6.55 million.

Strong volume across both markets is indicative of broad participation. While intensive capital inflows highlighted the high magnitude of the surge, it also hinted that it hasn’t been a thin breakout as usual.

Source: Coinglass

Open Interest signals institutional positioning

That’s not all though as DeXe network’s Open interest hiked by $1.2 million as well. At press time, the total stood at $6.40 million.

A hike in Open Interest alongside price is often indicative of fresh long positioning among the big players. In other words, the surge might be illustrative of growing institutional demand in recent days.

Cumulatively, when Open Interest, spot volume and Futures activity rise together, continuation momentum often amplifies. The same scenario is expected by most analysts to have an impact on DeXe’s price action.

Source: Coinglass

What could be in store for DeXe?

At press time, all key metrics seemed to align with the bullish structure. Technically, the falling wedge breakout had been confirmed and the resistance at $3.17 was cleared. On the derivatives side, Spot and Futures volumes expanded alongside the rising Open Interest.

If bulls maintain control, the $4.00 liquidity zone becomes the next objective. However, failure to sustain volume could lead to a short correction before the rally is resumed.

This means that DeXe remains in a strong expansion phase right now, with momentum favouring further bullish rallies.

Final Summary

DeXe surged by 17% after confirming a falling wedge breakout and clearing the $3.17 resistance.
Rising volume and Open Interest have been consistent with market momentum, putting the $4.00 liquidity zone in focus.

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Kelvin Murithi

Kelvin Murithi is a crypto journalist and on-chain analyst covering market structure, price action and blockchain data. He is a Bsc. Actuarial Science graduate and harnesses his statistical and data analysis skills to translate complex metrics into clear insights for everyday crypto investors. More Articles