$DYDX USDT SHORT TRADE SIGNAL š»ā”
DYDX faced strong rejection near $0.642 and slipped back below $0.630 support, showing weakness and signs of a bearish retracement. If sellers maintain control, further downside is expected.
Trade Setup (Short):
Entry Zone: 0.6200 ā 0.6250
Target 1 (TP1): 0.6100
Target 2 (TP2): 0.6000
Target 3 (TP3): 0.5880
Stop Loss (SL): 0.6360
Key Levels to Watch:
Resistance: 0.6360 ā 0.6420
Support: 0.6100 ā 0.5880
Market Outlook:
Bearish momentum is building after rejection at local highs. Sustaining below $0.625 will strengthen the case for a drop toward the $0.600 zone.
