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$DYDX IS is bouncing from major support — bulls are defending strongly 🔥
Buyers are entering heavily after higher highs/lows formed at $DYDX following a sharp decline. The recent price action shows diminishing bearish momentum as buy orders pile up at this support zone.
This appears to be the base for a breakout if we reclaim the nearby resistance with volume. The structure is tightening and the setup is turning into a positive picture with each hour.
Are you waiting for a clean reclaim or are you loading up now?
Not financial advice. Always manage your risk.
#DYDX #LongSetup #SupportBounce #BreakoutSetup #Crypto