$DYDX /USDT is currently trading at $0.1869 and has slipped to a 24h change of -10.62%, indicating that market sentiment feels clearly bearish. The price had touched a 24h low of $0.1856 and short-term candles on the chart are showing weak momentum, while the order book also appears to give sellers around 59% dominance. The most important support at this moment is $0.1856, where a small bounce was previously received; if this level breaks, pressure could easily extend downward. Resistance above is at $0.1889 (MA7) and then near $0.1895 (MA25) — both levels are creating a tough zone for a breakout. If the price manages to cleanly break $0.1889, a short-term target could potentially move to 0.1905 – 0.1920, but the current structure is still maintaining a downward bias. The market is in reactive mode, so tight SL and controlled entries will be the best strategy.
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