Technical analysis by Miketubarao about Symbol DYDX: Buy recommendation (12/16/2024)

Dydx is above value area high from mar 2024 and is trying to get above the anchored vwap from jun 2022 lows. It is showing really good momentum to keep increasing its price, staying above $2.11 would be very good for upside continuation. The target is between fibonacci retracement levels from last bull run highs to sep 2023 lows, monthly/weekly levels and value area high from last bull run.TARGET: $6.11 to $6.91 up to (+250%)