Fresh long liquidations have hit $DYDX around $0.22643, showing that overleveraged bulls were forced to exit. This often resets the market and can prepare the ground for the next significant move.
📍Support: $0.222–0.225
📍Resistance: $0.232–0.238
🎯Next Target: $0.245 if resistance is reclaimed with strong volume.
Keep an eye on order flow and volume. Holding support while reclaiming resistance would increase the probability of a bullish continuation.
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