DYDX gives 0 f*cks about market conditions. If I were expecting more upside (which I am) I'd be looking to accumulate in the red demand zone down to $16 with profit targets of $29, $31 and $33. May take a week or two of accumulation after a pullback, but its debatable how low we will go since everyone on Twitter is talking about it, volume has gone crazy, and last but not least, the product is awesome. Not financial advice, DYOR.
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