Deep Dive
1. MEV Exploit Fallout (Bearish Impact)
Overview: On 14 September 2025, REVOX reported isolated MEV attacks on Binance Alpha, causing price distortions. While resolved, the event eroded confidence, with 24h volume dropping 13.2% to $19.48M.
What this means: MEV attacks – where bots front-run trades – often trigger stop-loss cascades. REVOX’s response (4.3x liquidity boost, real-time monitoring) aims to stabilize markets, but traders likely reduced exposure due to perceived security risks.
What to look out for: Sustained volume recovery above $20M/day would signal regained trust.
2. Technical Breakdown (Bearish Impact)
Overview: REX trades at $0.0348, below critical SMAs:
- 7-day SMA ($0.0398)
- 30-day SMA ($0.0496)
RSI-7 sits at 24.9 (oversold), while MACD histogram (-0.0023) confirms bearish momentum.
What this means: Technical traders view breaks below key moving averages as sell signals. The oversold RSI suggests potential relief, but without reclaiming $0.0398 (7-day SMA), downward pressure may persist.
3. Altcoin Weakness (Mixed Impact)
Overview: The crypto Fear & Greed Index sits at 34/100 (Fear), with altcoin season index at 64 – down 7.25% weekly. BTC dominance rose to 57.83%, diverting capital from smaller caps like REX.
What this means: REVOX’s AI narrative competes with safer large caps during risk-off periods. However, its 305% 90-day gain shows speculative interest remains for Web3 AI projects long-term.
Conclusion
REVOX’s drop reflects MEV-related jitters amplified by technical breakdowns and cautious altcoin markets. While fundamentals (21M-user ecosystem, Binance MVB backing) stay intact, traders await clearer signs of stability.
Key watch: Can REX hold the $0.0326 Fibonacci support (78.6% retracement level)? A break below could target $0.02.