$DYDX /USDT has been consolidating within a range for the past few hours. The price has recently bounced off the lower support level and is now attempting to break above the resistance level.
Current Price: $1.5953
Entry Price: $1.5953 (buy on the break of the resistance level)
Resistance: $1.6048
Support: $1.5800
Take-Profit Targets:
* $1.6100
* $1.6200
* $1.6300
Stop-Loss: $1.5800
Caution: Traders should remain cautious as the market is currently in a consolidation phase. Watch for a clear breakout of the resistance level before entering a long position.
