Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DYDXUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 35
Take Profits:
TP1= @ 8.519
TP2= @ 8.995
TP3= @ 10.725
TP4= @ 12.978
TP5= @ 14.256
TP6= @ 16.555
TP7= @ 20.568
SL= Break below S4.8