$DYDX **DYDX Analysis: Bearish Outlook**
Today, DYDX presents a bearish outlook as it faces strong resistance around the $2.00 mark. Despite some positive momentum in the broader crypto market, DYDX struggles to maintain higher levels. With a current price around $1.7913, the coin is seeing consistent downward pressure and trading below its 50-day moving average. Unless it can break above key resistance at $2.00 and regain momentum, further declines are possible.
**Target Price**: $1.60–$1.70
**Buy Price**: $1.75 (watch for confirmation of support)
**Correct Price**: $1.7913 (current price)
The immediate short-term sentiment remains bearish, and traders should remain cautious with stops set just above $1.80. If the price drops further, look for a possible test of the $1.60–$1.70 region as support.