$DYDX is down 6.6 percent today and I am passing on it
Volume is only 0.8x the weekly average so this drop lacks real backing
With only 1.3M in daily volume any real size just traps you in the book
I need an hourly close and hold above $0.14418 before looking
Or a clean test and bounce at the $0.13101 low
It could keep running without me and a bad entry costs more than a missed move
Chasing $DYDX here or waiting for $0.13101
#DYDX #RiskManagement
Volume is only 0.8x the weekly average so this drop lacks real backing
With only 1.3M in daily volume any real size just traps you in the book
I need an hourly close and hold above $0.14418 before looking
Or a clean test and bounce at the $0.13101 low
It could keep running without me and a bad entry costs more than a missed move
Chasing $DYDX here or waiting for $0.13101
#DYDX #RiskManagement