📊 $DYDX /USDT – Updated Technical Analysis 🔍
The DYDX pair shows signs of technical strength after a clear breakout above the 25-day moving average, indicating the start of a new upward wave if the current momentum is maintained.
🎯 Upward Targets:
1️⃣ $0.78 – First resistance from previous swing highs
2️⃣ $0.85 – Strong supply area dating back to the stability period in April
3️⃣ $0.95 – Psychological barrier and the site of the last technical breakdown
🛡️ Support Levels:
🔹 $0.68 – Key support at the intersection of moving averages and a retest area
📈 Technical Outlook:
- Holding above $0.68 supports the continuation of the upward trend
- A strong close above $0.85 with high trading volume could quickly push the price towards $0.95 and beyond
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