DYDX offers an impressive profit potential of +850%The BINANCE:DYDXUSDT pair is exhibiting a notable resurgence from its support zone, indicating a prevailing bullish sentiment. While a minor correction remains a possibility, its likelihood appears diminished. Nevertheless, it's prudent to maintain a Dollar-Cost Averaging (DCA) strategy, with a focus on a threshold of 2.0 in the event of a price reversal.
Should the current upward trajectory persist, the forthcoming resistance level is approximately $5.00.
Entry Price: Presently hovering around $2.79, with additional DCA consideration at $2.00.
Targets:
1. $3.50
2. $4.45
3. $8.56
4. $11.87
5. $14.76
6. $26.68
Stop Loss: $1.76
This trade presents a favorable opportunity, boasting significant profit potential.
Best regards,