DeXe (DEXE) has dropped 12% in the past 24 hours, reflecting a broader decline in AI-linked tokens. The token's price is currently near $12.8, with short interest dominating the perpetual futures market. Despite this, DeXe has entered a demand zone that historically triggers upward moves, though downside risks remain. On the 4-hour chart, a break above $12.8 could signal a recovery, potentially targeting $15.3. Momentum indicators show early signs of a reversal, with the Accumulation/Distribution metric rising and the Balance of Power indicator at 0.39, suggesting strengthening buyer momentum. However, the perpetual futures market's short dominance, with a negative funding rate of -0.0029%, poses a challenge to sustained price increases.