📢 $DYDX / $USDT | 🔴 SHORT | ⭐ 74.5%
🎯 Target: $0.10585. Is it still dropping?

🎯 Trading Levels:
🟢 Entry: $0.1086
🛑 Stop Loss: $0.11025
🏁 TP1: $0.10585
🏁 TP2: $0.1053
🏁 TP3: $0.1042

📉 Analysis:
The structure of $DYDX shows a complete bearish alignment across all timeframes with an ADX of 46.82 (indicating a strong trend). The asset presents a confirmed triple-top pattern that, together with an RSI of 33.03 (weakness zone near oversold) and bearish EMAs 20/50, reinforces the prevailing selling pressure.

⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical Confidence: 4/5

The invalidation level is placed at the stop loss above the EMA20, where the structure would lose its current bearish bias. The thesis remains valid as long as the price does not manage to consolidate above the immediate resistance at $0.1109, while monitoring the steady volume that accompanies this corrective move.

Do you think the support at $0.1073 will be enough to stop the drop, or are you expecting a continuation toward the VAL?

💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.

#crypto #DYDX #trading #Futures #Bearish