dydxusdc

$DYDX /USDC STRONG RECOVERY – BULLISH STRUCTURE INTACT


V-SHAPE REVERSAL FROM $0.4993 LOW
REJECTION AT $0.5448, BUT HIGHER LOW HOLDS
PULLBACK MAY OFFER LONG OPPORTUNITY

$DYDX /USDC rebounded sharply after bottoming out at $0.4993, pushing to a local high of $0.5448. Despite a brief rejection, price is stabilizing above support and forming a higher low, suggesting bullish continuation.

🟢 LONG TRADE SETUP
Entry Zone: $0.534 – $0.537
Take Profit: $0.552
Stop Loss: $0.524

As long as price holds above $0.527, bulls may attempt to reclaim recent highs. Momentum favors continuation to the upside.

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$DYDX /USDC PULLS BACK AFTER STRONG RALLY — WATCHING FOR SUPPORT HOLD


REJECTION FROM $0.5488 HIGH
NOW TESTING MA(25) FOR SUPPORT
PULLBACK MAY OFFER RE-ENTRY OPPORTUNITY

$DYDX /USDC surged from $0.4993 to a high of $0.5488, but has since pulled back to test the MA(25) at $0.5286. Price is now hovering around $0.5217, with bulls looking to defend this zone for a potential bounce.

🟢 Long Trade Setup:
Entry Zone: $0.5180 – $0.5230
Take Profit (TP): $0.5420
Stop Loss (SL): $0.5080

Market Outlook:
If $DYDX holds above $0.52 and reclaims $0.528, another move toward $0.54+ is likely. Key support near the 25 MA will decide short-term direction.

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$DYDX /USDC BEARISH BREAKDOWN

DYDX continues to face strong selling pressure with lower lows forming. Short positions are recommended as bearish momentum dominates.

Entry (Short): 0.360 – 0.370
Targets (TP): 0.268 / 0.134
Stop Loss (SL): 0.420
Trend: Bearish; wait for reversal pattern before considering long positions.
Risk Management: Keep risk under 2% per trade; consider partial exits at first target.

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