๐DYDXUSDT is on an interesting trajectory as it has been repeatedly rebuffed from our projected resistance level, setting up a bearish momentum.
๐ Another factor to consider is the bearish divergence of the RSI. Despite the upward move, the RSI indicates bearish momentum, suggesting a potential downward shift of DYDX.
๐ The presence of an unmitigated bullish OB and price imbalance further reinforces the likelihood of a bearish move.
๐ In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey