$DYDX /USDT – Bearish Reversal Forming After Weak Bounce.......
Price action on DYDX/USDT is showing signs of a bearish reversal, as the recent upward correction failed to break resistance and sellers are stepping back in. The chart indicates weakening bullish momentum on lower timeframes, increasing the probability of a downward move.
Trade Setup
Entry Range: 0.2560 – 0.2575
Target 1: 0.2520
Target 2: 0.2480
Target 3: 0.2440
Stop Loss (SL): 0.2620
Short Outlook
Market structure is turning bearish again as the price struggles to hold above 0.2560.
Lower highs and decreasing volume suggest sellers are gaining control.
If price breaks below 0.2520, expect a stronger downward continuation toward deeper support levels.
