Next Target for DYDXUSDT After Downtrend Breakout

The DYDXUSDT pair, after breaking out of the downward channel to the upside, is currently forming higher lows and highs. The Fibonacci extension of the previous bullish wave aligns with the 1.3500 level, which also corresponds to the previous high. Therefore, our target price is set at this level.

SL (Stop Loss): 1.1742
TP (Take Profit): 1.3500
Risk/Reward Ratio: 1.67

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