$DYDX LONGS GET FLUSHED! 🔴🔥
A $9.56K long liquidation at $0.12269 signals that leveraged bulls were forced to close positions as selling pressure intensified. This shakeout highlights rising volatility, with bears testing whether they can extend control or if buyers will step in.
📍 Support: $0.120–$0.123 zone — holding this area could spark a relief bounce.
🚧 Resistance: $0.126–$0.130 — reclaiming this range may restore short-term bullish momentum.
🎯 Next Target: A breakout above resistance could push DYDX toward $0.135, while losing support may expose the $0.118 zone.
💡 Pro Tip: Liquidation events often create fakeouts. Wait for a confirmed trend, monitor trading volume, and avoid entering on the first reaction candle.
🔥 DYDX is at a key decision point — bulls must defend support or risk another wave of selling. 📊📉$DYDX
#Fed Chair Warsh testifies #Bonzo Finance oracle exploit #Clarity Act legislative progress #AI reshapes enterprise software #UK accelerates tokenized finance
