$DYDX Gaining Traction Breakout Strength Confirmed
$DYDX has broken above short-term resistance with strong buying pressure on the 4H chart, now trading around $0.6052. This move past the $0.5890 mark reflects renewed bullish interest and opens the path for potential continuation toward higher levels.
🔹 Long Setup (4H Chart):
• Entry Range: $0.6000 – $0.6060
• Support: $0.5890
• Resistance: $0.6180
🎯 Targets:
• Target 1: $0.6150
• Target 2: $0.6280
• Target 3: $0.6420
Stop Loss: Below $0.5880
🧠 Market View:
DYDX has rebounded from recent lows and built a solid upward structure. A firm close above $0.6100 will validate the bullish trend. Holding above $0.6000 could act as a base for the next upward wave. Suitable for traders seeking structured continuation opportunities.