DYDX/USDT (15-Min Chart) – Oct 20, 2024
• Current Price: $1.2203 (+28.47%)
• Support: $1.1017, $0.9867
• Resistance: $1.2350, $1.3500
Analysis:
Strong bullish momentum with a spike in volume. Watch for a breakout above $1.2350 to confirm continued upward movement. A hold above $1.2200 could signal an entry point, with a target of $1.3500.
Entry: Buy on breakout above $1.2350.
Stop: Place stop-loss below $1.10.
