$DYDX / USDT ā BEARISH RETEST UNDERWAY š»
$DYDX is currently testing the $0.6220 resistance zone after a relief bounce from the recent $0.57 low. The overall trend remains bearish with lower highs forming, and momentum fading as price nears supply.
š SHORT TRADE SETUP
⢠Entry Zone: $0.6180 ā $0.6240
⢠TP1: $0.6020
⢠TP2: $0.5880
⢠TP3: $0.5730
⢠Stop-Loss: Above $0.6295
This setup favors sellers unless $0.6250 is broken with strong volume. A failed retest could trigger continuation of the broader downtrend.
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