๐$DYDX DYDX/USDT Struggles to Find Momentum! ๐จ
Current Price: $2.0574 (-3.38%)
๐ผ 24h High: $2.1931 | ๐ฝ 24h Low: $2.0183
๐ Volume:
DYDX: 16.26M
USDT: 34.03M
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๐ Market Snapshot
DYDX faced strong resistance at $2.25 before slipping to the dayโs low of $2.0183. Price is consolidating around $2.05, indicating indecision among traders.
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๐ Key Levels to Watch
Support: $2.02 โ A critical zone for potential rebounds.
Resistance: $2.18 โ A breakout above this could signal bullish momentum.
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๐ Trading Strategy
1๏ธโฃ Range Play: Watch for bounces from $2.02 support to $2.18 resistance.
2๏ธโฃ Volume Check: Increased volume near resistance could confirm a breakout.
3๏ธโฃ Risk Management: Use tight stop-losses near support levels to manage downside risks.
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๐ญ Traderโs Question
Will DYDX reclaim $2.18, or are further drops on the horizon? Share your predictions below! ๐๐ฅ