$DYDX /USDT – Bearish Continuation Structure

Market Structure

Price has broken down sharply from the previous consolidation range.

Strong bearish impulsive move with little retracement → indicates seller dominance.

Current price is below key intraday support, which has now flipped into resistance.

Key Levels

Resistance zone: 0.175 – 0.180

Immediate support: 0.165

Next downside targets:

0.160

0.155 (major liquidity zone)

Price Action Insight

The recent bounce attempt was weak and corrective, not impulsive.

Sellers stepped in aggressively after the minor pullback → bearish continuation signal.

No clear bullish structure (no higher high / higher low).

Trade Outlook

Bias: Bearish

Preferred setup: Sell rallies into resistance

Invalidation: Clean reclaim and hold above 0.180

Conclusion

As long as DYDX stays below 0.175–0.180, the probability favors continued downside toward lower liquidity levels. Bulls need a strong reclaim with volume to shift the bias — until then, rallies are likely to be selling opportunities

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