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$DYDX
DYDX is showing a strong boom signal on the 4h frame. The current price of 0.17430 USDT (+12.77% in 24 hours) has completely broken the nearest resistance zones and reached a 24-hour high of 0.17449.
Positive technical factors:
• The price is firmly on all MA lines (MA5: 0.15945, MA10: 0.15626, MA20: 0.15163).
• A strong chain of green candles, especially the nearest long green candle shows a very strong buying force.
• Volume increased markedly, supporting the current growth momentum.
• DYDX has escaped the accumulation period and is in a clear short-term uptrend.
Recommendation: It is possible to open a buy position around 0.1720 - 0.1740.
• Take profit 1: 0.1850 - 0.1920
• Take profit 2: 0.250+
• Stop loss: 0.1650 (below the nearest support area)
DYDX is having a good upward momentum in the context that DeFi is attracting cash flow back. Investors should prioritize strict risk management, only use reasonable capital. This is a good opportunity for a short-term swing position.

Aviso legal: o conteúdo do OKX Orbit é fornecido apenas para fins informativos. Saber mais
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