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【$DYDX Signal】Empty position, wait for the downtrend momentum to be exhausted and confirmed
$DYDX Price decline accompanied by significant trading volume, beware of the main force distributing. The current market shows clear bearish momentum, and the price action has not yet shown effective absorption by buyers or a structural reversal signal.
🎯 Direction: Empty position
Before observing clear signs of a bottoming structure (such as increased lower shadows, hourly demand zone confirmation), it is not advisable to buy on the left side. Price decline with high trading volume indicates genuine selling pressure, and market sentiment leans towards panic or profit-taking. Be patient and wait for the price to show buying resistance signals in key support areas (such as previous lows or high-volume zones) before assessing the reversal possibility.
Trade 👇 $DYDX
here
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