📉 $DYDX

/USDT Technical Analysis

Current Price: 0.5676 USDT (↓3.83%)

Market: DeFi | 24h High / Low: 0.6010 / 0.5505 | 24h Volume: 16.89M DYDX

DYDX is showing bearish pressure as the price remains below the EMA(99) 0.5809. Short-term EMAs (7 & 25) are hovering near the current price, indicating sideways consolidation, but failure to break above the resistance suggests further downside potential.

🔹 Key Levels:

Resistance: 0.5845 / 0.5925

Support: 0.5505 / 0.5450

🎯 Target Levels:

1. Target 1: 0.5505 — Immediate support zone; potential bounce area

2. Target 2: 0.5450 — Stronger support; breaking this may accelerate the bearish trend

3. Target 3: 0.5380 — Extended bearish target; watch for oversold signals and reversal

#DYDX