DYDXUSDT 4H / SELL POSITION

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As you can see on the chart. The price is currently in its resistance zone and if the candle closes below this zone, we can conclude that it is highly likely for the price to first touch its bullish trendline, and secondly it could easily break the trendline and reach the support zone visible on the chart. Please also note that we've got a hidden bearish RSI divergence which could help in the formation of a bearish trend.

Penafian

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