An important observation about $DEXE .



After a sharp dump to $1.28, the token rose by almost five times.

Nevertheless, open interest barely moved, increasing only from $20M to $48M amid the price rise.

Such a divergence often indicates buyers are getting exhausted and local traps are forming, keeping the short scenario as the priority. $DEXE
DEXE12.40%
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ShitcoinSoldier
· 13h ago
This divergence signal is indeed worth watching closely. The price has risen fivefold, but open interest has only increased by just over onefold, suggesting that the appetite of new long positions is insufficient. It may be that existing long holders are adding more, or that shorts are covering to cut losses. Once the buying pressure runs out, it can easily turn sharply downward. For the short term, the odds for going short do look better.
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ChannelConductor
· 14h ago
A classic tactic where the market maker pumps up to distribute; OI didn’t keep up—be careful you don’t get buried.
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