#DYDXUSDT | DAILY TIMEFRAME UPDATE
#DYDX is the leading decentralized exchange for derivatives, boasting the highest trading volume among all DEXs in this category.
Based on my top-down analysis from the monthly to daily chart, DYDX presents a promising opportunity for mid-term and long-term investments.
Currently, DYDX is trading at $1.0460. Potential buy zones to consider are between $1.0150 and $0.9800. đ©
Intermediate targets for this upward trend include $1.1716, $1.2468, and $1.3600, while long-term targets are $1.4756, $1.6000, $1.8150, $2.2000, $2.5400, and potentially higher. đ
These targets are realistic but will require patience, as reaching them may take time.
It's important to note that a break below $0.8000 would invalidate this analysis.
