$DYDX /USDC PULLS BACK AFTER STRONG RALLY — WATCHING FOR SUPPORT HOLD
REJECTION FROM $0.5488 HIGH
NOW TESTING MA(25) FOR SUPPORT
PULLBACK MAY OFFER RE-ENTRY OPPORTUNITY
$DYDX /USDC surged from $0.4993 to a high of $0.5488, but has since pulled back to test the MA(25) at $0.5286. Price is now hovering around $0.5217, with bulls looking to defend this zone for a potential bounce.
🟢 Long Trade Setup:
Entry Zone: $0.5180 – $0.5230
Take Profit (TP): $0.5420
Stop Loss (SL): $0.5080
Market Outlook:
If
$DYDX holds above $0.52 and reclaims $0.528, another move toward $0.54+ is likely. Key support near the 25 MA will decide short-term direction.
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