š $DYDX /USDT ā Bulls Charging Up for the Next Leg!
$DYDX is on fireācurrently priced at $0.6151 after a powerful 13.66% pump within 24 hours. The 30-minute chart reflects strong bullish momentum, driven by higher lows and volume expansion. The bulls have full control as price inches closer to breaking key resistance.
š Trade Setup:
⢠Entry Zone: $0.6060 ā $0.6150
⢠Target 1: $0.6280
⢠Target 2: $0.6380 ā
⢠Stop Loss: Below $0.5850
š Technical Snapshot:
The resistance at $0.6176 is critical. A clean breakout above this levelāsupported by volumeācould lead to further upside. Price is consolidating just under that zone, showing signs of strength and readiness.
ā ļø Risk Note:
Watch for false breakouts. Wait for a solid confirmation or a retest near $0.6050ā$0.6100 before jumping in. Keep SL tightāmomentum trades move fast both ways.
š Strategy Breakdown:
This play targets a momentum continuation after a sharp run and tight range formation. The consolidation near highs often precedes the next move upāideal for breakout and intraday swing traders.
š¢ Follow @bullishbanteer for more real-time setups and high-probability trade breakdowns!