# SupportBounce

49
$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
DYDX0.66%
View Original
  • Reward
  • Comment
  • Repost
  • Share
Load More

Join 40 M users in our growing community

⚡️ Join 40 M users in the crypto craze discussion
💬 Engage with your favorite top creators
👍 See what interests you
  • Pinned