$DYDX
#DYDXUSDTP is trying to recover after a long downtrend, and price has started bouncing from the 0.100–0.105 support zone. Right now it is pushing back toward the 0.118–0.120 resistance area, which is the first level that really matters here. The nearest support sits around 0.105–0.100. If that fails, the next zones to watch are 0.095 and then 0.080. The structure looks like an early recovery base for now, but it is still inside a weak broader trend. Traders should watch whether price can hold above support and turn 0.118–0.120 into a breakout level, because rejection there could still send it back into the 0.100 zone. On the upside, a clean break above 0.118–0.120 could open room toward 0.130 and possibly 0.140 if momentum stays strong
#DYDXUSDTP is trying to recover after a long downtrend, and price has started bouncing from the 0.100–0.105 support zone. Right now it is pushing back toward the 0.118–0.120 resistance area, which is the first level that really matters here. The nearest support sits around 0.105–0.100. If that fails, the next zones to watch are 0.095 and then 0.080. The structure looks like an early recovery base for now, but it is still inside a weak broader trend. Traders should watch whether price can hold above support and turn 0.118–0.120 into a breakout level, because rejection there could still send it back into the 0.100 zone. On the upside, a clean break above 0.118–0.120 could open room toward 0.130 and possibly 0.140 if momentum stays strong