#measuredmove
measuredmove
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$DYDX COMPLETES MEASURED MOVE – NOW EYEING THE RETEST 🎯
The $DYDX move completed exactly as the structure suggested — price swept the liquidity above resistance and then rallied straight to the final target. Now we're seeing a pullback on decreasing volume, indicating this is likely a healthy retrace rather than a reversal.
This correction is approaching the level where the breakout originally occurred, which could act as support on a retest. Patience here might reward traders who missed the first leg. Are you waiting for a lower entry or do you think momentum will carry it lower first?
Not financial advice. Always manage your risk.
#DYDX #MeasuredMove #CryptoAnalysis #Retest
🎯
The $DYDX move completed exactly as the structure suggested — price swept the liquidity above resistance and then rallied straight to the final target. Now we're seeing a pullback on decreasing volume, indicating this is likely a healthy retrace rather than a reversal.
This correction is approaching the level where the breakout originally occurred, which could act as support on a retest. Patience here might reward traders who missed the first leg. Are you waiting for a lower entry or do you think momentum will carry it lower first?
Not financial advice. Always manage your risk.
#DYDX #MeasuredMove #CryptoAnalysis #Retest
🎯
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