$DYDX Just Hit a Fresh Drop — But Reversal Pressure Is Building!
DYDX/FDUSD is trading at 0.2065 (-2.96%), sliding sharply after failing to reclaim the MA60 at 0.2082 — but the chart is showing early signs of a bottoming setup.
📊 Market Snapshot:
• 24h High: 0.2166
• 24h Low: 0.2005
• Volume: 1.13M DYDX
• Price hovering near lower support after a heavy intraday dump.
📉 Today’s Move:
A clean rejection from the MA60 pushed DYDX down to the 0.2048 zone, forming a series of compressed candles — often the calm before a volatility burst.
📈 Why This Is Getting Interesting:
• Buyers stepped in twice near 0.2050, forming a micro-double-bottom.
• Volume spikes appear every dip — whales defending quietly.
• A reclaim of 0.2075 could trigger a fast squeeze toward 0.2103.
DYDX is tightening — the next breakout candle could be explosive!
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