$DYDX - Bearish Compression Release 💥 🔻
Entry: 0.124710–0.125070
TP1: 0.122440 | TP2: 0.121125 | TP3: 0.119810
SL: Above 0.127620
The 5m structure shows a well-defined bearish momentum release below the prior 20-bar closes after a relatively compressed 20-bar structure; the candle still closed in the upper part of its directional range as relative volume expands well above its recent average, while open interest is showing only a limited change and funding is still close to neutral.
#DYDX #DYDXUSDT
Entry: 0.124710–0.125070
TP1: 0.122440 | TP2: 0.121125 | TP3: 0.119810
SL: Above 0.127620
The 5m structure shows a well-defined bearish momentum release below the prior 20-bar closes after a relatively compressed 20-bar structure; the candle still closed in the upper part of its directional range as relative volume expands well above its recent average, while open interest is showing only a limited change and funding is still close to neutral.
#DYDX #DYDXUSDT
