#DYDX chart is currently showing a consolidation structure that is becoming increasingly compressed beneath the Descending Trendline, while price continues to receive reactions from the $0.094–$0.080 demand/support zone.
This structure is particularly interesting because the longer price remains within a narrowing range, the greater the potential for a strong expansion/breakout once one side of the structure is decisively broken.
There are 2 bullish options that might be worth considering at this time.
1. Buy after a breakout of this resistance line. Or
2. Buy when price retests this support block.
Short term target minimum 15%+.
