$DYDX /USDT ā BULLISH BREAKOUT IN PLAY šš„
š TECHNICAL ANALYSIS (4H CHART)
$DYDX /USDT is showing strong bullish momentum after bouncing from the support zone and breaking through minor resistance, signaling a potential trend reversal. The current price stands at $0.5082, up +5.24% in the last 24h.
š KEY LEVELS:
Resistance Levels:
š¼ $0.5100 ā Immediate Resistance
š¼ $0.5200 ā Next Bullish Target
Support Levels:
š½ $0.4995 ā Strong Support
š½ $0.4920 ā Bullish Invalidity Level
š¢ TRADE SETUP ā LONG POSITION:
šÆ Entry: $0.5060 ā $0.5080
šÆ Take Profit (TP):
⢠TP1: $0.5150
⢠TP2: $0.5200
⢠TP3: $0.5280
š Stop Loss (SL): $0.4980
š§ Risk Management:
Risk only 1-2% of your capital. Maintain R:R ratio of 1:2+ for consistent long-term success. Always use stop-loss and avoid over-leverage. āļøš
š„ Momentum is picking up ā Watch for volume confirmation and candle close above $0.5100 for stronger bullish continuation! š„š
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