$DYDX Bullish Wave Ready to Continue!
$DYDX is trading at $0.6020 with an impressive +11.46% gain. After a healthy retracement, buyers have stepped back in, keeping momentum alive above the $0.60 psychological level.
Support and Resistance
• Resistance: 0.6100
• Support: 0.5880
Trade Setup
• Entry Zone: 0.5980 – 0.6030
• Stop Loss: 0.5880
🎯 TP1: 0.6125
🎯 TP2: 0.6200
🎯 TP3: 0.6300
Market Insight
$DYDX is holding strong above $0.60 despite recent volatility. This shows buyer strength and a potential for bullish continuation. As long as it stays above the support zone, a breakout above $0.6100 could trigger a powerful upside move. Ideal conditions for momentum and breakout traders eyeing quick scalps or extended swings.