#DYDX/USDT ANALYSIS
DYDX is currently facing rejection from the resistance trendline of a descending triangle pattern, while trading above the horizontal demand zone.
The Ichimoku Cloud is acting as a resistance barrier above the price, reinforcing bearish pressure. A decisive breakout above both the descending triangle and the Ichimoku Cloud would signal a potential bullish trend.
Conversely, a breakdown below the pattern's support could lead to a new low. Monitor the price action closely for confirmation of the next move.