$DYDX is currently retesting a key demand zone around 0.19–0.185, which previously acted as resistance and has now flipped to support. $DYDX is still above the SMA(50) and the broader structure remains higher highs and higher lows, so this pullback looks corrective rather than trend-breaking as long as that zone holds.
If buyers defend 0.185–0.19 with acceptance, continuation toward 0.205 - 0.22 is likely on the next impulse. A clean 4H close below 0.185, however, would weaken the bullish setup and open the door for a deeper retrace toward 0.175, so holding this level is crucial for upside continuation on $DYDX.
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Thoughts on #DYDX:
$DYDX is currently retesting a key demand zone around 0.19–0.185, which previously acted as resistance and has now flipped to support. $DYDX is still above the SMA(50) and the broader structure remains higher highs and higher lows, so this pullback looks corrective rather than trend-breaking as long as that zone holds.
If buyers defend 0.185–0.19 with acceptance, continuation toward 0.205 - 0.22 is likely on the next impulse. A clean 4H close below 0.185, however, would weaken the bullish setup and open the door for a deeper retrace toward 0.175, so holding this level is crucial for upside continuation on $DYDX.