DeXe [DEXE] fell roughly 12% alongside the broader crypto market, bringing a long-standing support zone back into focus. According to reports from AMBCrypto, the decline left DEXE near $2.280, which has been an important long-term support zone since 2022. A recovery from this level could bring the $4.124 resistance into focus, with stronger momentum potentially supporting a move toward $7.155. However, losing $2.280 could expose DEXE to further downside, with the chart marking $0.136 as the all-time low.
CoinGlass data showed the Whale vs Retail Delta rising above 0.40 as DEXE declined, indicating that whale positioning outweighed retail positioning. As reported by AMBCrypto, this positive reading suggests that institutional or large-scale holders are maintaining their positions while retail investors may be reducing exposure. The 48-hour Liquidation Heatmap showed dense liquidity below DEXE's market price, with the closest notable cluster appearing between $2.085 and $2.160.
DEXE's Total Holders reached an all-time high of 54,680 on the 31st of July, with the increase continuing despite the token's sharp price decline. According to AMBCrypto, Spot Netflow indicated that traders absorbed approximately $980,009 worth of DEXE over the past day, suggesting that accumulation continued while the price tested its long-term support. However, holder growth and Spot Netflow cannot guarantee a rebound without stronger price confirmation.
For now, the $2.280 support remains decisive for DEXE's near-term direction. As reported by AMBCrypto, holding this level could stabilize the altcoin, while a breakdown may expose nearby liquidity clusters. The Open Interest-weighted Funding Rate offered an early bullish signal, with the rate having remained negative since the 21st of July but rising sharply toward positive territory, suggesting that bearish positioning was easing as derivatives traders moved toward long positions.
