• DEXE jumped 10% in 24 hours, fueled by intense spot market activity.
• Taker-sellers’ dominance may signal a potential calm ahead despite recent gains.

DeXe [DEXE] recorded an impressive 10% daily price surge, at press time.

The rally is closely tied to strong activity in the spot market, with the spot bubble map showing signs of overheating. 

This metric, which often indicates heightened volatility and overextended positions, suggests that short-term price swings could occur in either direction.

The sharp price momentum implies that traders and investors may be reacting to immediate market triggers or adjusting positions around key price levels. 

Since spot-driven rallies often reflect fast-moving sentiment, DEX traders are closely monitoring the bubble map to identify potential reversal points.

Despite DEXE’s strong rally, taker-sellers continue to dominate the spot order flow, indicating that aggressive selling is happening behind the scenes, even as prices rise.

This disconnect between price action and taker flow often signals weakening momentum or an impending pullback.

Taker-Seller Dominance typically means traders are hitting the bid, showing less confidence in the uptrend and a greater focus on exiting positions.

In short, while DEXE’s spot market remains active, near-term volatility could be on the horizon.

Looking at the technicals, DEXE’s setup still leans bullish. After briefly dipping below pennant support, the price strongly rebounded, signaling a firm rejection.

Bullish momentum is building, with the Stochastic RSI supporting this outlook. 

At press time, it hovered in the oversold zone, often a key reversal signal if momentum continues to strengthen.

The coming sessions may prove pivotal for DEXE’s price direction.

If spot demand from buyers fails to outpace aggressive selling by takers, the rally could lose momentum, especially if recent gains are seen as an overreaction.

However, if buyers strengthen their position and shift the balance of power, DEXE could recover additional short-term resistance levels.

On-chain sentiment and volume profile metrics will be critical in tracking this shift.