$DYDX /USDT Trading Analysis & Signal – Potential Upside Move!

$DYDX /USDT is showing a strong recovery, currently trading at $0.7228, up +5.40% in the last 24 hours. The price recently bounced from a low of $0.5689, indicating strong buying interest. The 24-hour high stands at $0.7275, showing resistance around this level.

The Bollinger Bands suggest a breakout possibility, as the price is recovering from the lower band (support at $0.6844). The middle band (0.7614) is the first key resistance to watch. A breakout above this could trigger further bullish momentum.

Trade Signal:

Entry: Buy above $0.725 after a confirmed breakout.

Target 1: $0.76 (Middle Bollinger Band)

Target 2: $0.84 (Next Resistance)

Stop Loss: $0.665 (Below Recent Support)

If DYDX sustains above $0.725, we could see a push toward $0.76 and higher. However, traders should keep a strict stop loss to manage risks. Happy trading!#BybitForensics #BinanceLaunchpoolRED #BinanceAlphaAlert #BTCDipOrRebound #Write2Earn $DYDX