DYDX/USDT (1D timeframe)

Current Price: ~$0.6256 (+2.24%)

Structure:
Break of Structure (BOS) confirmed.

Change of Character (ChoCH) marked signals a potential trend reversal.

Recent Price Action:

Strong bullish candles indicating momentum shift.

Price has broken above a previous resistance (around $0.57–$0.60 zone).

Price is entering a supply zone (~$0.62–$0.70) – which may act as resistance.

Indicators:

Bollinger Bands widening – indicating increased volatility.

Price is above the midline (SMA20) confirming bullish sentiment.
✅ Entry Levels Suggestion:

📌 Conservative (Pullback Entry):

Entry Range: $0.57 – $0.59

Wait for a retest of the previous resistance turned support.

Look for bullish confirmation (e.g., bullish engulfing, hammer, etc.) on retest.

Lower risk with better R:R.

📌 Aggressive (Breakout Continuation):

Entry Level: Current Price (~$0.625)

Targeting breakout above the supply zone.

Higher risk due to possible pullback or rejection from supply.

Use tight stop loss just below $0.60 or trailing stop.
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🎯 Targets:

TP1: $0.70 (top of supply zone)

TP2: $0.76

TP3: $0.85 (next resistance area)
🛡️ Stop Loss:

Conservative: Below $0.55

Aggressive: Below $0.60

📈 Summary:

Trend: Turning bullish with BOS & ChoCH confirmation.

Best Entry: Around $0.57–$0.59 on pullback.

Aggressive Entry: Now, but higher risk near supply zone.