$DYDX USDT – READY TO BOUNCE AFTER SHORT-TERM REVERSAL! LONG TRADE SIGNAL
PRICE HOLDS ABOVE 7 & 25 MA CROSSOVER
POTENTIAL REVERSAL AFTER 0.4933 SWING LOW
DYDX is showing signs of a bullish reversal on the 15-min chart after reclaiming the 7MA and crossing above the 25MA. A short-term base formed around 0.4933 with decent momentum pushing above 0.5000. If the price sustains this move, further upside is possible.
Trade Setup:
Long Entry: 0.5000
Targets (TP): 0.5060 / 0.5100
Stop Loss (SL): 0.4960
Market Outlook:
Short-term bias turns bullish; however, trend remains weak on higher timeframes. Keep tight SLs and watch 0.5100 MA(99) for strong resistance.
#DYDXUSDT #BinanceFutures #CryptoTrading #Altcoins #BreakoutSetups