#DYDXUSDT #DYDXđ #TradingShot 
# Key Observations:
1. Price Movement: The price of DYDX/USDT is at 1.2509 after a notable increase of 28.87%.
2. MACD:
- MACD Line (-0.0007) is below the signal line, indicating bearish momentum.
- DIF and DEA are slightly negative, suggesting weakness in the upward trend.
3. Moving Averages:
- MA (5): 81,989.29 and MA (10): 90,468.46. These show that the price may have been trending down slightly in recent movements.
4. Volume:
- The volume shows a sudden spike recently, followed by a quick drop. This could indicate volatility, often linked to a major move coming up, either up or down.
5. Order Book:
- The sentiment from the order book shows that 18.88% are buyers (long) while 81.12% are sellers (short), meaning selling pressure dominates.
6. Long-Term Trends:
- The 30- and 90-day trends are positive, but the 180-day and 1-year trends are sharply negative (-47.22% and -36.21%), reflecting overall long-term bearishness.
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### Strategy for Long and Short Trades:
#### Long Entry Points:
- Entry Zone: If the price breaks above 1.2747 (recent resistance) with strong volume and bullish MACD crossover, consider going long.
- Stop Loss (SL): Below 1.2434, the previous support level.
- Take Profit (TP): Target 1.30-1.32 initially, with further potential toward 1.35 if the bullish momentum continues.
- Trade Duration: Short to medium term (2-5 days), as this is still a volatile asset.
#### Short Entry Points:
- Entry Zone: If the price breaks below 1.243 with strong selling pressure, you could enter a short position.
- Stop Loss (SL): Around 1.26-1.27 (above the resistance level).
- Take Profit (TP): Target 1.22-1.20 (recent low).
- Trade Duration: Short-term, 1-3 days, given the sharp corrections seen previously.
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### If Signals Turn Against You:
- Long Position: If the price falls below 1.2434, exit or move the stop loss closer, as this indicates a breakdown.
- Short Position: If the price moves above 1.27, it's better to exit the short position as it may rally further.
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Keep monitoring for:
1. MACD Crossovers: A bullish crossover would signal the start of an upward move.
2. Volume Spikes: Could indicate a breakout (either direction).
3. Support/Resistance Breaks: These will confirm whether to hold or exit the positions early. #CPI_BTC_Watch #CryptoMarketMoves
