$DYDX 24-hour high confirmed.
24h +2.25%, current price 0.1082, previous high 0.1075.
Structurally, a new high means less overhead supply, so short-term resistance is relatively low; however, if the price quickly falls back below the previous high, beware of a bull trap. What will you do if it reverses later?
#DYDX
This is just my personal opinion, not investment advice.
24h +2.25%, current price 0.1082, previous high 0.1075.
Structurally, a new high means less overhead supply, so short-term resistance is relatively low; however, if the price quickly falls back below the previous high, beware of a bull trap. What will you do if it reverses later?
#DYDX
This is just my personal opinion, not investment advice.
