DYDX / TetherUS
Long

DYDX/USDT A Bullish Trajectory from demand ?👀🚀DYDX Today Analy

729
💎 Attention ,Paradisers! A lucrative trading opportunity awaits you with #DYDXUSDT, as it exhibits signs of a bullish breakout from the demand zone.

💎Looking at #DYDX historical performance, we can see that it has been moving within a descending channel, testing the channel resistance twice. Currently, it is rising for a bullish continuation from the demand level of $2.550. If it maintains its upward momentum, it could reach the supply zone above $4.240.

💎 However, in the dynamic world of trading, having a backup plan is essential. If our initial analysis fails to materialize, we are prepared to switch to a possible bullish bounce from a lower demand level at $2.228. But be aware that falling below this level could trigger a significant bearish drop.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.