$DYDX /USDT Trading Signal – 4H Time Frame
DYDX/USDT is showing significant bearish pressure, currently trading at 1.0606 after a steep drop from recent highs. The next move could either lead to a recovery or further downside, depending on whether it breaks through key levels.
💡 CRITICAL Levels to Watch:
📉 Resistance: 1.2144 USDT – A break above this could ignite a short-term recovery. 🚧 Support: 1.0531 USDT – If this support is lost, expect more downside pressure.
💥 TRADE SETUP:
🟢 Entry for Long Trade: 1.0610 USDT
Enter if price holds above 1.0531 and shows signs of reversal.
🎯 Take Profit Targets:
TP1: 1.1000 USDT
TP2: 1.1100 USDT
TP3: 1.1200 USDT
🔴 Stop Loss: 1.0480 USDT
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