$DYDX /USDT BULLISH BREAKOUT CONTINUATION SETUP
The pair is holding a strong bullish structure after a sharp impulsive move, currently consolidating just below a key resistance zone. Price action indicates compression near the highs, suggesting potential accumulation before a breakout. A successful move above the resistance area can trigger continuation toward higher liquidity zones, while pullbacks toward support remain valid accumulation opportunities.
LONG ENTRY: 0.1520 - 0.1555
BREAKOUT ENTRY: Above 0.16226
TAKE PROFIT:
TP1: 0.16226
TP2: 0.16385
TP3: 0.17000
STOP LOSS: 0.14286
RISK MANAGEMENT: Risk only 1-2% per trade, avoid chasing entries, and secure partial profits at each target while shifting SL to breakeven after first target.
#DYDXUSDT #CryptoTrading #TechnicalAnalysis #DeFi #PriceAction $DYDX
