$DEXE just reminded the market how dangerous low liquidity can be.

After crashing nearly 90% from above $40, the token staged a sharp 35.8% rebound, largely fuelled by short covering and aggressive spot buying. That recovery has now completely faded.

In just 15 minutes, DEXE fell another 14.06%, extending its 24-hour loss to 36.45% and trading around $3.91. With a thin order book and heavy sell pressure, even relatively small sell orders can trigger outsized price swings.

Many traders are now questioning whether the rebound was anything more than a short squeeze. Community sentiment has also turned increasingly cautious, with growing concerns about the project's fundamentals after the dramatic collapse.

Markets like this are a reminder that extreme volatility creates both opportunity and significant risk. Strong risk management often matters more than trying to catch the exact bottom.
$DEXE ‌#DEXE #Crypto #Altcoins #Trading #Gateio