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Technical Snapshot: $DYDX 30m Analysis

The current trend for #DYDX remains bearish, supported by various technical indicators signaling ongoing downward momentum.

Price is consolidating just below the recent high at approximately 0.2434, with a key support level around 0.2351. A breach of this support could trigger further bearish activity, potentially extending toward 0.2263. Conversely, should the price break above 0.2434, it may challenge resistance levels, opening the door for bullish moves.