$DYDX /USDT Trading Signal – 4H Time Frame
📉 Market Overview:
DYDX/USDT is currently experiencing significant bearish pressure, trading at 1.0606 after a steep decline from recent highs. The next move hinges on breaking through critical levels.
💡 CRITICAL Levels to Watch:
Resistance: 1.2144 USDT
A break above this could trigger a short-term recovery.
Support: 1.0531 USDT
Losing this support may lead to further downside pressure.
💥 TRADE SETUP:
Entry for Long Trade: 1.0610 USDT
Enter if the price holds above 1.0531 and shows signs of a reversal.
🎯 Take Profit Targets:
TP1: 1.1000 USDT
TP2: 1.1100 USDT
TP3: 1.1200 USDT
🔴 Stop Loss: 1.0480 USDT
Stay informed and trade wisely!
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