DYDX Approaching Make-or-Break Pivot for Major Reversal

15 Nis

The DYDX/USDT weekly chart outlines a complex corrective WXY structure with price currently approaching the Immediate Drop Target Zone (IDTZ) near $0.50. A failure here could lead to a drop toward the Extreme Demand Zone around $0.079. However, reclaiming $1.132 and breaking above the descending trendline could trigger a bullish reversal toward the Important Supply Zone ($4.42–$4.55).

3 Ağu

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The corrective formation has turned into a potential falling wedge, the plan is to trade it as shared on the chart.