◳◱ On the DYDX/USDT chart, the Td Sequential pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 3.537 | 3.731 | 4.176 and support near 3.092 | 2.841 | 2.396. Entering trades at 3.09 could be strategic, aiming for the next resistance level.
◰◲ General info: ▣ Name: dYdX ▣ Rank: 102 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Financial - Decentralized Exchanges ▣ Overview: dYdX is a decentralized exchange built on the Ethereum network delivering key financial instruments to users such as perpetuals, margin and spot trading, as well as lending and borrowing. dYdX equips traders with off-chain order books with on-chain settlement and enables them to short-sell tokens, increase exposure by longing with leverage, or earn interest on deposited tokens to move quickly. dYdX leverages StarkWare's Layer 2 to eliminate the need to trust a centralized exchange while trading, and thus combines the security and transparency of a decentralized exchange, with the speed and usability of a centralized exchange.
◲◰ Sharpe Ratios: ▣ Last 30D: 3.25 ▣ Last 90D: 2.11 ▣ Last 1-Y: 1.07 ▣ Last 3-Y: 0.05 ◲◰ Volatility: ▣ Last 30D: 1.54 ▣ Last 90D: 1.01 ▣ Last 1-Y: 1.08 ▣ Last 3-Y: 1.29
◳◰ Market Sentiment Index: ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is 0.80 - V. Bullish
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