DYDX is finally showing strong reversal signals after months of downtrend.
What’s happening?
We’ve spotted a clear Bullish Divergence on both the price chart and RSI. While the price made lower lows, RSI is printing higher lows — a classic signal that selling pressure is weakening and buyers are stepping in quietly.
Key Levels to Watch:
🔹 Support (Invalidation Zone): $0.405
🔹 If price breaks below this level, the bullish setup is invalid.
🔹 Resistance Barrier: $0.84
Once DYDX closes above this level, a major breakout could unfold.
Upside Potential (if breakout confirmed): $0.84 / $3.97 / $6.83 / Bonus
RSI is also trending upward, confirming hidden strength in the move. Volume is gradually picking up too — another positive sign.
If this divergence plays out fully, we’re looking at a potential 10x+ move from here. Keep a close eye on the $0.84 breakout zone — it could be the ignition point for a major rally.
Always trade with SL and proper risk management.
This is NOT financial advice. Just sharing what I see on the charts.
What’s happening?
We’ve spotted a clear Bullish Divergence on both the price chart and RSI. While the price made lower lows, RSI is printing higher lows — a classic signal that selling pressure is weakening and buyers are stepping in quietly.
Key Levels to Watch:
🔹 Support (Invalidation Zone): $0.405
🔹 If price breaks below this level, the bullish setup is invalid.
🔹 Resistance Barrier: $0.84
Once DYDX closes above this level, a major breakout could unfold.
Upside Potential (if breakout confirmed): $0.84 / $3.97 / $6.83 / Bonus
RSI is also trending upward, confirming hidden strength in the move. Volume is gradually picking up too — another positive sign.
If this divergence plays out fully, we’re looking at a potential 10x+ move from here. Keep a close eye on the $0.84 breakout zone — it could be the ignition point for a major rally.
Always trade with SL and proper risk management.
This is NOT financial advice. Just sharing what I see on the charts.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.