$DYDX /USDT BULLISH – BREAKOUT MOMENTUM EYEING HIGHER LEVELS
DYDX is trading at $0.6347, up 3.17%, after reclaiming key moving averages. The price recently tested a 24h high of $0.6661, showing strong bullish intent. With MA(7) crossing upward and volume building, market momentum favors buyers. If price holds above $0.62, continuation toward higher resistances is likely.
Trade Setup:
Long Entry: $0.62 – $0.64
TP (Targets): $0.66 / $0.70
SL (Stop Loss): $0.60
Market Outlook:
The pair shows bullish recovery from the $0.59 low, and sustained strength could push DYDX toward the $0.70 psychological level. However, failure to hold $0.60 would weaken momentum.
