$DYDX DYDXUSDT URGENT UPDATE :😱💥

Congratulations for Old Holders .🎉
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🧐 Analysis
DYDX has been accumulating for 665 days, indicating a potential buildup of bullish momentum. The Superguppy indicator on the weekly chart is turning bullish, suggesting a shift in sentiment.

👀 Entry Point
Look for a breakout above the $3.8 supply zone as a signal to enter a long position, anticipating the start of a rally.

✈️ Targets

Set mid-term target at $7.45, with long-term targets at $17.9 and $25. Consider these levels as potential exit points or areas to adjust positions.

💼 Position Sizing

Allocate only 2% of your wallet to this trade, especially considering the volatility of futures trading. This conservative approach helps manage risk effectively.

⚖️ Risk Management

Adhere to the 3-5% wallet size rule for risk management. For instance, if your wallet size is $100, limit your exposure to $3-5 in the signal trade. This helps mitigate potential losses.

📈 Trading Style

This setup is ideal for swing traders who are willing to hold positions for the anticipated rally, rather than scalpers looking for short-term gains.

🔔 : Final Note

Remember, trading is a profitable business when approached with discipline and a well-defined strategy. Avoid treating it as gambling and prioritize sound risk management practices.

Happy trading! 🚀✨

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