dYdX: Watch for Exchange-Token Momentum to Trigger a Breakout
I think exchange tokens are starting to stir again — I’m seeing early moves in BNB and OKB that suggest sector rotation back into exchange-native coins.
As for dYdX, I believe it can rise if the broader exchange-token momentum continues, but that outcome depends on rising volume, open interest on derivatives, and clear technical confirmation.
I’m watching for a breakout with higher-than-normal volume or improving on-chain metrics before taking more risk; I’d consider a small, staged entry only after confirmation or on a disciplined pullback.
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