$DYDX is showing strong bearish momentum after failing to hold the $0.0970 resistance. The price has broken key support at $0.0940 and is signaling a potential continuation to the downside. Aggressive short entries can capitalize on the expected dip toward lower support zones.
Trade Setup:
Entry Zone: $0.0920 – $0.0915
Take Profit 1: $0.0890
Take Profit 2: $0.0870
Stop Loss: $0.0950
Short Market Outlook:
Momentum favors bears as DYDX struggles to reclaim $0.0940. Immediate resistance lies at $0.0960, while support levels at $0.0890 and $0.0870 could see strong selling pressure. Trend remains downward on 1H and 4H charts, signaling high-probability short setups.
Buy now and trade here on $DYDX
DYDXUSDT
Perp
0.093
-2.10%