$DYDX

DYDX/USDT – Square Binance Summary

Price: ~$0.6150 (+13.30%)

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News & Fundamentals

DYDX is seeing heightened attention as decentralized derivatives trading surges. However, traders are closely watching an impending token unlock (~13.95M DYDX) that could introduce supply давление.

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Technicals (M15, H1, H4)

Intraday (M15/H1/H4): Strong Buy signals, with all short-term moving averages aligned bullish. RSI overbought.

Daily: Overall Buy bias with strong buy signals across moving averages and indicators like MACD and ADX.

Bitget technical summary: Neutral—with 10 Buy vs 6 Sell signals, oscillators lean mixed.

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Smart Money / Whale Activity – Manipulation Risk

Whales have accumulated DYDX ahead of prior unlock events. On-chain data shows accumulation from major holders, easing selling pressure. Still, the large upcoming unlock raises caution—market reaction remains uncertain.

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Sentiment

Neutral–Bullish

Strong short-term momentum, though near-term risk from token unlock and potentially volatile reaction. Holding above key support is crucial.

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Trade Ideas

• Long bias

 Entry: $0.600 – $0.610

 SL: ~$0.590

 TP1: $0.640 – $0.650, TP2: $0.680 – $0.700

• Momentum long (breakout above $0.650)

 Entry: >$0.650

 SL: ~$0.640

 TP: $0.700 – $0.720

• Short bias (if rejection at $0.640–$0.650)

 Entry: ~$0.645

 SL: ~$0.655

 TP1: $0.610, deeper to $0.590

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Manipulation Check:

DYDX shows organized whale accumulation historically, but upcoming token unlock (additional supply) introduces a vulnerability to price manipulation or volatility. Vigilance advised.

#DYDX_USDT #PerpsAnalysis #SmartMoneyWatcher