DeXe (DEXE) is currently trading at $6.85, having experienced a significant 7.97% decline over the past 24 hours. The daily trading range has been narrow at 0.73%, with the price oscillating between a high of $7.56 and a low of $6.83, indicating limited volatility in the current market environment.

The volume over the last 24 hours stands at 8,158,350, reflecting a volume-to-market cap ratio of 2.09%. This relatively low ratio suggests that trading activity is subdued, which can contribute to price fluctuations as market participants await clearer directional signals.

Technical indicators reveal a bearish short-term outlook, with hourly moving averages showing that the 8, 13, and 21 SMA are all indicating declines between 5.76% and 6.49%. Conversely, the 144 SMA is marginally positive at +0.34%, suggesting potential support at the current price level of $6.83, which coincides with the recent low.

The 1-hour RSI at 22 indicates that DEXE is oversold in the short term, while the 7-day RSI at 51 reflects a more neutral stance. Notably, the 14-day price change shows a modest increase of 6.37%, suggesting some recovery in a longer timeframe, but the 30-day price change indicates a steep decline of 45.39%, underscoring ongoing bearish sentiment.

Given the current price action, technical indicators, and market sentiment, DeXe is facing significant downward pressure. Despite some signs of potential support, the overall trend remains bearish, particularly in the short to medium term.

Recommendation: Sell. The combination of negative short-term momentum, declining moving averages, and the lack of bullish signals indicates that DEXE may continue to struggle, making it prudent to exit positions or avoid new entries at this time.