🚀 $DYDX is ready for a bullish explosion in the ascending channel!
$DYDX is trading at 0.6551 with an increase of +2.05%, within a clear upward channel on the hourly time frame, setting up for a strong upward launch soon.
🔹 Strong support at 0.612 and 0.606 forms a solid base for continued ascent.
🔹 The RSI indicator is approaching a break of the downward trend, a strong positive signal.
🔹 The 100-period moving average is a critical resistance point to maintain momentum.
✅ Entry area: 0.656
🎯 Targets:
0.670 → 0.690 → 0.717
🛡️ Stop loss: It is advisable to secure it after achieving the targets to ensure profits.
💡 Technical note: Rising momentum and technical signals confirm a potential explosion… Focus, the opportunity is in front of you!
Follow us on channel #CryptoEmad for more exclusive analyses 🔥