$DYDX Sell Signal! 🔻
The pair has repeatedly failed to break the resistance level of 0.5450 USD, recording lower highs, indicating a clear downward trend.
Selling pressure is increasing, and the price direction is leaning towards a decline.
If the price remains below 0.5300 USD, further declines are likely.
🔹 Sell Trade Setup
Entry Area: 0.5210 USD - 0.5250 USD
Stop Loss: 0.5350 USD
🎯 Targets:
• TP1: 0.5120 USD
• TP2: 0.5030 USD
• TP3: 0.4950 USD
⚠️ Quick Tip: Watch for rejection wicks or strong red candles below 0.5240 USD to confirm momentum before entering.
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