💰 $DYDX

🔼 LONG
✳️ ENTRY: 0.1470 – 0.1425 – 0.1398
🎯 TARGETS: 0.150 – 0.1540 – 0.1610 – 0.1680 – 0.1760 – 0.1930 – 0.2000
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.1360
#DyDx is attempting a strong recovery after forming a local bottom around the 0.130 region. Price has reclaimed MA7 and is now pushing aggressively toward MA25 resistance while holding above the MA200 dynamic support zone. The recent impulsive bounce confirms buyers are stepping back into the market after prolonged downside pressure.
MACD has flipped bullish with expanding green histogram momentum, while RSI is rapidly climbing back into bullish territory, signaling improving strength and momentum continuation potential. Volume expansion during the recovery move also indicates fresh participation rather than a weak relief bounce.
The 0.141–0.147 region is becoming a key accumulation area for continuation toward higher resistance levels. If price successfully breaks and sustains above MA99 resistance, momentum can accelerate quickly toward the psychological 0.18–0.20 range.
Current structure suggests early trend reversal behavior after extended compression. Healthy consolidation above the MA200 and breakout confirmation above nearby resistance can further strengthen bullish continuation in the coming sessions 🚀