Bearish $DYDX Price Action – Target Zone: $0.280 – $0.260
Analysis:
$DYDX has witnessed a long liquidation of $4.83K at $0.299, signaling a shift in momentum as buyers lose strength near the $0.30 resistance zone. The recent candles show strong rejection wicks on the upper side, confirming selling pressure. Volume is gradually increasing on red candles, supporting a potential short-term bearish move. The key support levels to watch are near $0.285 and $0.265, while resistance remains firm at $0.305 – $0.315.
Future Trade Setup:
Entry Zone: $0.298 – $0.305
Target 1: $0.285
Target 2: $0.272
Target 3: $0.260
Stop Loss: $0.315
📉 Market shows signs of cooling after bullish exhaustion — patience pays in pullbacks.
Sell smart, manage risk, and trade with confidence. Buy & Trade here.
#KITEBinanceLaunchpool #FOMCMeeting #AltcoinETFsLaunch #BTRPreTGE
