Alikze »» DYDX | Ready to break the congestion

🔍 Technical analysis: Ready to break the congestion - 1W

📣 DYDXUSDT is in a consolidation on the weekly timeframe.

🟢 In the previous uptrend, it moved to the neckline, after which it faced selling pressure.

🟢 At present, the recent correction could be a pullback to the swing, and in the green box area, it could meet demand, break out of the consolidation and continue its growth to the next supply area.

🟢 In the event of any pullback to the next supply area, the bullish rally could continue to the next supply area.

💎 In addition, any correction should not be sharp and abrupt, and if the correction appears as a multi-wave zigzag, it can continue its growth to the next supply area.
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