DYDX has been on a ranging trend since March, moving b/w $0.49 (support) and $0.77 (resistance) without a clear breakout.



Despite short-term bullish signs, $DYDX is still below the 200-day moving average, confirming that long-term momentum hasn't flipped yet.

Until we see a decisive breakout above $0.70 - $0.80, we can't be certain of that upward surge.

Fundamentally speaking, $DYDX is a very solid play (Layer-1 + DeFi infra).

Has a Mcap of $474M, 45x away from it's previous ATH, room for further growth is much.

Do you think we can return to the 2021 highs of $27.85?
DYDX-1.07%
A0.03%
B-5.31%
CLEAR-14.08%
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CallWhiteRivervip
· 05-27 01:12
Get in the car! 🚗
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