Airdrop result will be annouced tmr. From trend perspective, dYdX has been under pressure after the previous rally with SAR OBV keep plunging. From candle pattern, it retested ~18.52 (9EMA and previous candle high) but do not hold. More downside is expected and appears to be a good short idea. You may imagine what would you do if you receive the airdrop and seeing the price of dYdX keep droping.
Kommentar:
Hit profit. Perfect trade with the market pullback.