DYDX / TetherUS
Short

Bearish Potential in Sensitive Range with Critical Resistance

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DYDX is within a highly delicate range. Observing its position above the 0 Fibonacci range, it is notably below a crucial resistance level, suggesting a significant potential for a downward movement. This sentiment is further reinforced by the RSI situation, which also signals a decline. Therefore, it appears favorable to consider taking a short position.

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