$DYDX #DYDX, after breaking out and completing its retest phase, is gaining strength around the demand level of $2.10. If this upward momentum continues, there's a strong chance it will move towards the resistance range of $2.4 to $2.45.

However, given the market's volatility, if #DYDX loses momentum and drops, it might signal a weakening bullish trend, possibly leading to a significant price decline. In such a scenario, we could see a bullish rebound from the strong support level at $2.10. Yet, if this level fails to hold, a substantial downward move may follow.

The bullish trend is expected to solidify once the price breaks above the supply zone at $2.30 on a higher time frame and maintains its upward trajectory.

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