$DYDX

/USDT Technical Analysis 💯🔥🔥

Current Price: $1.5252

Market Trend: Bullish (Price up by 5.65% in the last 24 hours)

Key Support Level: $1.4177

Key Resistance Level: $1.5285

Momentum: Positive (Recent price action and high volume suggest a continuation of upward movement)

Trade Signal:

Buy Signal: If price maintains above $1.50, with momentum increasing.

Target 1: $1.55 – Immediate resistance level, likely breakout point.

Target 2: $1.60 – Medium-term target, depending on volume and bullish sentiment.

Target 3: $1.65 – Longer-term target if the trend continues upward and market stays positive.

Trade Momentum:

Positive market sentiment with upward momentum, supported by higher volume (DYDX at 8.42M and USDT at 12.35M in 24h).

If price corrects and holds above the $1.50 level, it could continue climbing towards $1.60 and potentially $1.65 in the coming days.

Stay alert to sudden corrections, and consider trailing stop losses if targeting higher levels.

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