🚨 $DYDX Technical Update
Timeframe: 1H & 30M
Price is currently at $0.5543, facing strong resistance around $0.5614, where a key trendline rejection has occurred.
🔻 Bearish Scenario in Play:
Potential drop: -4.60% to -5.96%
Volume spike on rejection confirms selling pressure.
Lower highs maintaining bearish structure.
⚠️ A break above $0.5615 with volume could invalidate this setup, otherwise, downside continuation likely.
📉 Targets: $0.543x > $0.530x
🧠 Stay sharp. Risk management is key.