🚨 $DYDX
EXPLODING! ACT FAST! 🚨
DYDX has surged over 21% in the past 24 hours, hitting a high of $2.20, showing strong bullish momentum. The breakout indicates that DYDX might continue its climb as traders pile in!
💡 Key Levels to Watch:
Immediate Resistance: $2.20 – A breakout here could drive DYDX toward $2.50 or higher.
Critical Support: $1.87 – Holding above this level is crucial to maintain the bullish trend. A breakdown below could signal a retracement.
💹 Trade Setup:
Long Entry: Above $2.20 with targets at $2.40, $2.50, and $2.70.
Stop Loss: Below $1.87 to manage risk.
⚠️ With volumes soaring, DYDX is poised for heightened volatility. Tight risk management is essential!