$DYDX
X/USDT BEARISH BREAKDOWN SETUP
DYDX is struggling below key dynamic EMAs, showing continuous downward pressure after repeated rejections from the mid-range resistance. Momentum indicators reflect weakness as MACD remains bearish and RSI hovers in a declining structure, signaling sellers dominating the move. The price action confirms a clean shift toward a downside continuation phase.
SHORT ENTRY SETUP
Entry: On a retest of the broken support zone
TP1: First liquidity pocket below
TP2: Major demand zone lower on the chart
SL: Above the nearest resistance or last swing rejection
Risk Management:
Keep risk per trade controlled, use strict stop loss placement, avoid oversized positions, and enter only on confirmed retests.
#TechnicalAnalysis #CryptoSetup #PriceAction #cryptotrading #Write2Earn! $DYDX