$DYDX - Price got shoved straight into the descending channel roof near 0.1985 where sellers are waiting in ambush. Full squeeze mode activates below 0.1711 📉
Trade Plan: Short $DYDX
✅ Entry: 0.18 – 0.19
⛔ SL: 0.2023
🎯 TP: 1️⃣ 0.1322 | 2️⃣ 0.1020 | 3️⃣ 0.0725
⚠️ Strategy: Adjust Quantities to that much you can afford to lose.
🧑💻 Why this Setup?
The recent rally appears to be stalling directly beneath descending channel resistance near 0.1985. Selling pressure continues building while buyers struggle to maintain momentum at higher levels. If 0.1711 breaks, downside momentum could accelerate sharply and trigger a broad sweep of lower liquidity zones.
Click Here to Trade 👉 $DYDX
Trade Plan: Short $DYDX
✅ Entry: 0.18 – 0.19
⛔ SL: 0.2023
🎯 TP: 1️⃣ 0.1322 | 2️⃣ 0.1020 | 3️⃣ 0.0725
⚠️ Strategy: Adjust Quantities to that much you can afford to lose.
🧑💻 Why this Setup?
The recent rally appears to be stalling directly beneath descending channel resistance near 0.1985. Selling pressure continues building while buyers struggle to maintain momentum at higher levels. If 0.1711 breaks, downside momentum could accelerate sharply and trigger a broad sweep of lower liquidity zones.
Click Here to Trade 👉 $DYDX