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$DYDX just came off a sharp drop and now it’s trying to breathe.
A small bounce is possible here if buyers step in and support the correction. Price is reacting, not dead.
That red trendline is the key. If it breaks, structure shifts and momentum can flip fast.
The ranges marked on the chart come into play once that level gives way. This is where patience meets opportunity.
I’m locked in on this zone. Things can heat up quickly here. 🔥