🎯 $DYDX – Bulls Testing Triangle Resistance, Eyeing Breakout Potential! 🔥
🔹 Current Price: $0.6637
🔹 24h Change: +3.24%
🔹 24h High: $0.6720
🔹 24h Low: $0.6409
🔹 24h Volume: 4.05M — Gradual rise in participation as bulls defend key levels
📊 Technical Highlights:
✅ Price holding above ascending trendline support at $0.6264 — bulls showing strong defense within triangle formation
✅ EMA(7) at $0.656 above EMA(25) at $0.650, testing EMA(99) at $0.670 — short-term momentum aligning with mid-term recovery
✅ MACD positive at 0.0061 with bullish histogram — momentum tilting in favor of buyers
✅ Immediate resistance at $0.7031; breakout above this could open the path to retest $0.7624 and higher
🎯 Take Profit Targets:
TP1: $0.7030 ➜ +5.9%
TP2: $0.7620 ➜ +14.8%
TP3: $0.7790 ➜ +17.4%
TP4: $0.8000 ➜ +20.5%
🛡️ Stop-Loss Suggestion: $0.6250 — breakdown below this risks correction toward $0.55
💡 Smart Reminder: As long as DYDX holds above the rising trendline, bulls retain control. A breakout above $0.703–$0.762 could confirm a bullish continuation, while rejection may trigger a pullback to $0.62 support.
👉 Do you think $DYDX will break above the triangle and push toward $0.76+, or will bears stall momentum near $0.70?
Share your views 👇