๐จ $DYDX REJECTION AT RESISTANCE SIGNALS POTENTIAL SHORT CONTINUATION DOWNWARD ๐ป
Entry: 0.14340 - 0.14380 โก
Target: 0.14180 ๐
Stop Loss: 0.14500 โ ๏ธ
The sharp push toward 0.1460 met immediate institutional supply, leaving behind a prominent upper wick that signals aggressive seller absorption. Price is actively retracing back toward the 0.1434 level as lower-timeframe buying momentum rapidly dissipates. ๐
A decisive breakdown below the 0.1430 structural pivot clears the path for a deeper sweep of resting sell-side liquidity lower down. ๐ Order flow remains heavily slanted toward downside expansion as long as price trades beneath local supply blocks. ๐ฌ Will sellers break 0.1430 cleanly, or are you expecting a relief bounce first? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #DYDX #ShortSetup #Crypto #MarketStructure
๐ฏ ๐ฆ
Entry: 0.14340 - 0.14380 โก
Target: 0.14180 ๐
Stop Loss: 0.14500 โ ๏ธ
The sharp push toward 0.1460 met immediate institutional supply, leaving behind a prominent upper wick that signals aggressive seller absorption. Price is actively retracing back toward the 0.1434 level as lower-timeframe buying momentum rapidly dissipates. ๐
A decisive breakdown below the 0.1430 structural pivot clears the path for a deeper sweep of resting sell-side liquidity lower down. ๐ Order flow remains heavily slanted toward downside expansion as long as price trades beneath local supply blocks. ๐ฌ Will sellers break 0.1430 cleanly, or are you expecting a relief bounce first? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #DYDX #ShortSetup #Crypto #MarketStructure
๐ฏ ๐ฆ
