$DYDX /USDT TECHNICAL ANALYSIS ā BULLISH BREAKOUT IN PLAY šš
The DeFi token $DYDX is showing strong bullish momentum after a breakout from the recent consolidation zone. With a +17% gain in the last 7 days and holding above key support, the bulls seem ready for the next leg up! š„
š¹ Current Price: $0.6420
š KEY LEVELS:
Support Zones š¢
$0.6190 ā Strong short-term support
$0.5900 ā Major demand zone
Resistance Zones š“
$0.6735 ā Immediate resistance
$0.7090 ā Major breakout level
š¼ TRADE SETUP (LONG ENTRY):
Entry: $0.6400 ā $0.6450 ā
Take Profit (TP):
TP1: $0.6735
TP2: $0.7000
TP3: $0.7090 šÆ
Stop Loss (SL): $0.6180 ā
š RISK MANAGEMENT:
Risk only 1-2% of your capital per trade. Stick to SL, avoid overleveraging, and secure profits at key levels! š”ļøš
š Momentum is in favor of the bulls ā eyes on $0.70+ if $0.6735 breaks with volume! š¹
#Bitlayer #BTCOvertakesAmazon #ETHTreasuryStrategy #BinanceAlphaAlert #Write2Earn! $DYDX