DGXX is trading at $7.84 (-7.33%) amid profit-taking following a massive 163% surge over the last 10 days.
- The sharp pullback occurs despite a bullish broader market and rising crypto prices, with BTC up 2.97% and ETH up 2.45%.
- Investors are showing caution ahead of Q1 earnings on May 15, following the company's AI colocation deal with Cerebras on May 5.
- Technical indicators show resistance at $9.88 after the stock retreated from its May 13 close of $8.46.