Liquidation reference: $0.11374 short liquidation, placing nearby upside liquidity around resistance.
Entry Zone: $0.1115–$0.1140
Resistance: $0.1140–$0.1160
Support: $0.1080 / $0.1040
TP1: $0.1090
TP2: $0.1060
TP3: $0.1025
Stop-Loss: $0.1172
DYDX has been trading below the recent $0.114–$0.116 region after a broader decline. The liquidation cluster near $0.11374 can act as a liquidity test, so rejection there would strengthen the bearish setup.
My Take: Prefer entry only after rejection or bearish confirmation. A clean reclaim above $0.1172 cancels the short idea.
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