$DYDX Bullish Momentum Building
$DYDX is trading at 0.6582 (+4.76%), hitting a new 24H high and showing strong bullish momentum after a sharp upward move. The increased buying pressure signals a potential continuation of the breakout if resistance levels are cleared decisively.
Key Levels:
• Resistance: 0.6600 – 0.6750
• Support: 0.6400 – 0.6250
Trade Setup:
• Entry Zone: 0.6450 – 0.6550
• Stop Loss: 0.6250
Target Points:
• TP1: 0.6750
• TP2: 0.6900
• TP3: 0.7050
Market Insight:
DYDX is showing renewed strength, with solid green candle formations and volume backing the move. If the bulls manage to hold above 0.6450, we could see a continuation towards 0.69–0.7050. This setup presents a solid short-term trading opportunity for those looking to catch the next leg of the rally.
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