Alert 🚨🚨🚨
$DYDX after breaking out from the pattern and completing its retest phase, is regaining momentum at the demand level of $2.10.
If it can sustain this momentum, there is a high probability it will embark on a bullish path to overcome a resistance level of $2.4 - $2.45 .
However, given the inherent volatility of the market, if #DYDX fails to sustain its momentum and declines, this could indicate a weakening of the bullish stance, potentially leading to a significant price drop.
Under such circumstances, we might expect a bullish rebound from the lower, strong Bullish level at $2.100.
Nevertheless, a break below this level could result in considerable downward movement.
The bullish journey is projected to kick off once the price surpasses the supply area at $2.3 in higher time frame and continues its upward momentum .
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