๐ $DYDX | 4H โ key level scenario
$DYDX is trading near a critical resistance at 0.2025.
At current prices, there is local consolidation โ the market is preparing for a move.
๐ Scenario 1: Breakout and close above 0.2025
In this case, the path opens toward the upper supply zone
with targets at 0.2200 โ 0.2400.
โฌ Scenario 2: Retest to demand
If momentum is insufficient, a retest of the 0.1700 zone is likely.
Such a pullback may form a higher low
and create a healthier structure for further upward movement.
Context:
โ previous liquidity accumulation from below
โ clean BOS formed
โ market attempting to reverse trend upward
๐ Key โ price reaction at 0.2025.
โ ๏ธ Not investment advice. DYOR