$DYDX ‌ (4H) Bias: Bearish 🔴



Setup: Rejection Short

Entry: 0.198–0.202
SL: 0.214

TP1: 0.190
TP2: 0.182
TP3: 0.175

$DYDX Analysis: Price faced a strong rejection after the explosive move toward 0.245 and is now printing heavy bearish momentum on the 4H timeframe. The sharp selloff suggests profit-taking and distribution rather than healthy consolidation. Unless bulls reclaim 0.214 and build a higher-low structure, the path of least resistance remains to the downside, with a potential revisit of the 0.19–0.175 support zone.
DYDX23.62%
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