$DYDX DYDX/USDT ๐ Signs of Recovery Post-Dip
๐ Current Price: $1.4843 (-7.17%)
๐ฅ 24H High: $1.6038
๐ 24H Low: $1.2737
โก Resistance Zone: $1.50
๐ Support Level: $1.40
DYDX saw a steep decline to $1.2737 before recovering to $1.4843. Momentum is building for a potential breakout, as bulls aim to reclaim the $1.50 resistance level.
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Trading Strategy
1๏ธโฃ Short-term Resistance: Breaking above $1.50 could open the door to $1.60.
2๏ธโฃ Support Test: Monitor $1.40 for a retest in case of rejection at $1.50.
3๏ธโฃ Stop-Loss Suggestion: Place at $1.40 to minimize risk.
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๐ Market Watch: Rising volume indicates growing interestโkeep an eye on key levels for directional clues!