Technical analysis by cryptokebab about Symbol DYDX: Buy recommendation (5/9/2023)

DYDX - Long into Short So, as expected in the previous idea (see linked ideas), I think we're approaching to a reaction zone to offer a decent bounce for a lower high. Although the technicals are there for it, be aware that it's not the "most probable set-up" kind of trade because there are good reasons for buyers to step in at lower prices. The target is also unclear due to the nature of the structure, but I'll give it a shot and eat the loss if i get stopped.