Technical Analysis
1. *Current Price*: $1.0122
2. *Time Frame*: 4-hour chart
3. *Market Capitalization*: $212.40M
*Indicators*
1. *RSI (14)*: 46.21 (neutral)
2. *MACD (12, 26)*: 0.0018 (bullish crossover)
3. Moving Averages:
1. *50-MA*: $0.9919
2. *100-MA*: $1.0319
3. *200-MA*: $1.2319
4. Bollinger Bands:
1. *Upper*: $1.0519
2. *Lower*: $0.9519
*Candlestick Patterns*
1. *Current candle*: Bullish Engulfing
2. *Previous candle*: Bearish Harami
*Trend Analysis*
1. *Short-term trend*: Bullish
2. *Medium-term trend*: Neutral
3. *Long-term trend*: Bearish
*Support and Resistance*
1. *Support levels*: $0.95, $0.90, $0.85
2. *Resistance levels*: $1.05, $1.10, $1.15
*Recommendations*
1. *Buy*: $0.95 - $1.00
2. *Sell*: $1.05 - $1.10
*Important Notes*
1. DYDX/USDT shows signs of reversal.
2. RSI indicates neutral territory.
3. MACD suggests bullish momentum.
*Next Resistance/Support Levels*
1. *Resistance*: $1.0519 (Bollinger Band upper)
2. *Support*: $0.9519 (Bollinger Band lower)
*Breakout/Breakdown Levels*
1. *Breakout*: $1.15
2. *Breakdown*: $0.85
Stay updated with market fluctuations.
