$DYDX
DYDX at $0.1608 doesn’t shout. It smolders. The chart feels like a volcano with a sealed lid: pressure building, range tightening, everyone pretending to be bored while quietly checking funding and open interest.
I’m watching spot volume and derivative positioning diverge—a subtle uptick in spot buying while leverage remains restrained. That’s exactly what I want to see in an early stage move: real coins changing hands, not just leverage games. Within the perp/DEX narrative, DYDX is regaining a slice of dominance, and larger players seem to be stepping in around $0.155–0.158, absorbing dips rather than chasing pumps.
Key support: $0.155. Hold that, and this remains a valid coiled setup. A breakout and hold above $0.17 could flip the structure bullish and invite a move into $0.185–0.19, where prior resistance has turned back price before. That’s where I’d expect to scale out rather than get greedy.
• EP: $0.158–0.162
• TP: First target $0.178, second target $0.19
• SL: $0.152
This one moves fast when it finally chooses a direction, so I’m planning my levels now, not later.$DYDX
