$DYDX /USDT: BEARISH PRESSURE – STRONG SUPPORT IN SIGHT 💯🚨
The $DYDX /USDT pair is trading at 1.3424 USDT, showing a -11.47% decline over the past 24 hours. The 24-hour high stands at 1.5265 USDT, while the low is 1.3366 USDT. With a trading volume of 18.78M DYDX and 26.56M USDT, market activity remains active despite the dip.
📈 Market Conditions:
$DYDX has fallen towards a key support zone around 1.3366 USDT, reflecting ongoing bearish momentum. However, if this level holds, it could serve as a foundation for a recovery, especially if volume increases.
📊 High-Probability Trade Setup:
Entry Point: 1.3424 USDT
Take Profit (TP): 1.4000 USDT
Stop Loss (SL): 1.3100 USDT
Market Outlook:
If DYDX successfully defends the 1.3366 USDT support, the next resistance to watch will be 1.4000 USDT. A breakout above this level could target 1.4500 USDT in the short term. Traders should monitor volume spikes and candlestick patterns for confirmation of reversal signals.
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