DYDX Bulls on the Move! 🐂 Keep an Eye on the Breakout 📈

💎 DYDX is currently displaying a bullish market structure and forming a cup and handle pattern, which suggests an increased likelihood of a bullish move.

💎If DYDXUSDT breaks above the resistance area, we can anticipate a bullish movement towards the next resistance level. In the event of a pullback, we can anticipate a bounce from the bullish OB. Confirmation of this bounce would be provided by bullish candlestick patterns.

💎However, if the price breaks down below both the bullish OB and the demand area, it would signify a shift to a bearish market structure. In such a scenario, it would be prudent to refrain from trading DYDX until clearer price action forms.