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DYDX/USDT Latest Move
So DYDX tried pushing through that $0.3450–$0.3600 zone. Didn't work. Sellers showed up and shut it down fast.
Now? We've sliced straight through $0.2500. That's not a good look.
As long as price stays under $0.2500–$0.2650, bears are running the show here. What's next if this keeps sliding?
Watch these levels:
→ $0.2300 first
→ Then $0.2250
→ Could even test $0.2100 if momentum doesn't shift
Bullish reversal? Not yet. Structure needs to flip before calling any bottom.
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Another breakdown... the selling pressure is just too intense.
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Can $0.21 really hold? Feels like it will drop further.
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No way there's a rebound, this structure is a complete mess.
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Is anyone bottom fishing or just waiting for the worst?
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Once $0.2300 is broken, it's basically over.
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Unbelievable, it looked promising just yesterday...
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The bears are in complete control, who would dare catch this falling knife?
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Is this heading straight to hell?
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Don't expect a bottom until the structure reverses, that's the harsh truth.