馃搱 $DYDX (1D)
Analysis:
The DYDXUSDT chart on the daily timeframe shows a clear downtrend, highlighted by progressive lower highs, indicating consistent selling pressure. With a recent formation near the critical level of around $0.816, there seems to be some potential for a trade opportunity at this price range.
Price Targets:
Based on the technical setup, the immediate support lies at $0.803. On the upside, potential price targets could be set at $1.269 and $1.490 as the first and second resistance levels, respectively. Keeping an eye on these levels could provide good entry and exit points.
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