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📉 $DYDX – Market is in a downtrend across multiple time frames
🔴 $DYDX SHORT
🎯 Entry: 0.1281 – 0.1284
🛑 Stop Loss: 0.1317
🎯 TP: 0.1229 - 0.1205 - 0.1179
🧠 Plan & Logic
DYDX is experiencing a strong downtrend on the 4h, 1h, and 15m charts, with a clear lower-high/lower-low pattern on the 1h chart. Price action is reacting near an important level, so risk management matters here. The setup depends on confirmation around the entry zone and follow-through after the move.
Trade $DYDX here 👇 📉 🔻