$DYDX DYDX/USDT 📉 Signs of Recovery Post-Dip

📉 Current Price: $1.4843 (-7.17%)

💥 24H High: $1.6038

📉 24H Low: $1.2737

⚡ Resistance Zone: $1.50

🔑 Support Level: $1.40

DYDX saw a steep decline to $1.2737 before recovering to $1.4843. Momentum is building for a potential breakout, as bulls aim to reclaim the $1.50 resistance level.

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Trading Strategy

1️⃣ Short-term Resistance: Breaking above $1.50 could open the door to $1.60.

2️⃣ Support Test: Monitor $1.40 for a retest in case of rejection at $1.50.

3️⃣ Stop-Loss Suggestion: Place at $1.40 to minimize risk.

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📊 Market Watch: Rising volume indicates growing interest—keep an eye on key levels for directional clues!

#CryptoTrading #DYDX #DeFi #Binance #TradingSignals