DYDXUSDT at daily resistance and likely to retrace to 2.56-2.58

Apr 28, 2023

This one is trading inside the daily resistance zone. The price might get rejected from there and head for the support zone 2.56-2.58 marked in green on the chart.

Apr 30, 2023

Note

As expected in the original post, the price was pushed back from the daily resistance towards daily support. Th price has hit the daily support now which concludes this idea. I believe there is long opportunity here but I will post the new set up in a new post.

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