DYDX: Bearish Structure at Critical Juncture

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The bearish structure for DYDX continues as price spikes down from a strong triple bottom. The current weekly candle's close will be crucial:

Close below established bottom: Signals strong downward continuation
Close above: Potential for significant bullish reversal

Patience is key. Wait for candle close before making decisions. Chart shows both downside target and possible upside path.
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Sell-side liquidity has been swept, leading to a reversal in price action toward the upside. This appears to mark the start of a bullish move. Don’t miss the opportunity to accumulate positions.

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Not
Bullish confirmation is in place as the price has closed above the potential triple bottom. Attention should now shift to the buyback zone for re-accumulation opportunities.

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Not
DYDXUSDT begin next bullish phase and it is expected to end around $10.5

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Chart PatternsTrend AnalysisWave Analysis

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