Breakout?

DYDX is finding strong support at the $2 level and is attempting to break out of its short-term downtrend. If confirmed with increased trading volume, price targets of $2.14 and $2.20 are within reach.

5/28/20241 min read

DYDX price chart showing strong support at $2 and an attempt to break out of a short-term downtrend,
DYDX price chart showing strong support at $2 and an attempt to break out of a short-term downtrend,

DYDX has strong support at the $2 level and is currently attempting to break out of its short-term downtrend. If this breakout is confirmed with increased trading volume, price targets of $2.14 and $2.20 are achievable.