$DYDX Showing Signs of Exhaustion After the Rally Pullback Risk Rising

Trade Setup: Short

Entry Zone: 0.1470 - 0.1490

TP1: 0.1430

TP2: 0.1390

TP3: 0.1345

SL: 0.1540

$DYDX has delivered a strong bullish run, but the latest rejection near local resistance suggests momentum is cooling off. Sellers are beginning to defend higher levels, increasing the likelihood of a corrective move.

I'm bearish on $DYDX while price remains below the recent rejection zone. A failure to reclaim the highs could trigger profit-taking and push the market toward lower support levels. Move SL to entry as soon as the trade goes into profit.

DYDXUSDT

Тұрақты

0.1478

+11.21%

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