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Technical analysis by fugasok about Symbol DYDX: Buy recommendation (3/31/2025)

https://sahmeto.com/message/3384529
fugasok
fugasok
Rank: 35096
0.6

DyDx is reversing. Superb opportunity

:Buy
Price at Publish Time:
$0.63396
Profit Target:
(+530.96%)$4
Stop Loss Price:
(-21.13%)$0.5
Buy،Technical،fugasok

DyDx chart is looking good.On 3D timeframe StochRSI is high - good momentum is building upRSI started to make higher lowPrice is testing 21MA and should break it soonAlso bullish divergence on RSI1st impulse could be to 4-6$ region with huge correction afterwards.Later in summer probably will see rise to 17$+Watching the price i came to a conclusion that final bottom is not ready yet.I was expecting price above 2$ by end of May but price didn't even break 1$.I will be selling it with ETH when it reaches 2800$ in coming 2 weeks.Probably price of Dydx will be around 1 - 1.4$RSI seems to drop even lower in June.In coming market crash in June Dydx may drop as low as 0.2$Later in summer targets for growth stays the same. I will create new idea when its ready.Short-term targets to take profits are between 1.3$ and 1.6$

Source Message: TradingView
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