DYDX, with the RSI 14 indicator signaling at the 24.17 level in the deep oversold region, MACD maintaining bearish momentum with a negative histogram. The price squeezed below EMA bands highlights overall trend weakness, even though it carries short-term reaction potential.
Trend Status and Momentum Analysis
DYDX is trading at the 0.10 dollar level as of February 10, 2026, with a 6.21% decline over the last 24 hours, keeping the daily range limited between 0.10-0.11 dollars. Volume at 18.59 million dollars is at a moderate level, while momentum indicators confirm the dominant bearish trend. The Supertrend indicator is giving a bearish signal, and the 0.14 dollar resistance forms a strong barrier. The short-term trend is downward, with the price positioned below EMA20 (0.13 dollars), exhibiting weakness. In the confluence of momentum oscillators, the RSI’s oversold pressure stands out, while the MACD histogram expands in the negative zone, reinforcing selling pressure. In the multi-timeframe (MTF) analysis, 8 strong levels were identified across 1D, 3D, and 1W charts: 1 support/1 resistance on 1D, 2 resistances on 3D, and 2 supports/2 resistances balance on 1W. This configuration increases the risk of testing the main 0.0948 dollar support (score 83/100), while the 0.1059 dollar resistance (score 63/100) is critical for an upside breakout. Overall momentum sustains downward pressure with bearish Supertrend and negative volume confirmation, but the RSI oversold condition could create a short-term bounce opportunity.
RSI Indicator: Buy or Sell?
RSI Divergence Analysis
The RSI 14 period is currently at 24.17, indicating the deep oversold region. On the daily chart, while the price makes new lows, no regular bearish divergence is observed in RSI; on the contrary, in recent declines, RSI is basing and approaching a hidden bullish divergence signal. As the price pulls back to 0.10 dollars, RSI holds above the 20 level, showing relative strength, which could be a sign of selling momentum exhaustion. A similar picture exists in the weekly RSI: holding above the 30 level, it emphasizes the long-term oversold condition. Divergence formation has not yet been fully confirmed, but as the price approaches the 0.0948 support, the bullish divergence probability increases. In this scenario, a jump in RSI to the 30-40 band could trigger a momentum shift, but it should not be interpreted as an early buy signal in the current bearish trend.
Overbought/Oversold Regions
RSI at 24.17 is consolidating in the oversold region below 30 for an extended period. Historically, in DYDX, levels below RSI 20 have triggered reaction buys, for example, 20-30% bounces were observed at bottom levels in recent months. However, if volume confirmation remains weak, this region could expand to the 0.0948 support. Movement of RSI toward the 50 centerline would be the first confirmation for momentum recovery; the current position shows sellers’ dominance, but the oversold condition tilts the risk-reward ratio in favor of buyers.
MACD Signals and Histogram Dynamics
MACD on the daily chart is in a bearish position; the signal line is below the MACD line, and the histogram is expanding in the negative zone. The size of histogram bars in recent bars is increasing, confirming strengthening selling momentum, but the contracting tendency of the histogram on the 3D timeframe gives a weakness signal. The signal line crossover downward is complete, with the zero line forming strong resistance. The negative histogram supported by volume may limit short-term pullbacks toward the 0.1059 resistance. For a potential bullish signal, the histogram needs to approach the zero line and turn positive; the current dynamics indicate bears maintaining control. In DYDX’s volatile structure, MACD histogram expansion usually leads to trend extensions, so a break below 0.0948 could push the histogram further negative.
EMA Systems and Trend Strength
Short-Term EMAs
The price is trading below EMA20 (0.13 dollars), with EMA9 and EMA12 bands sloping downward and the squeezed ribbon structure measuring bearish trend strength. Short-term EMA dynamics support selling momentum; even if the price tests EMA9, it is rejected due to lack of volume. While the ribbon’s contraction signals consolidation, the downside breakout probability is high.
Medium/Long-Term EMA Supports
EMA50 (around 0.15 dollars) and EMA200 (0.18 dollars) stand as distant resistances. Medium-term EMAs are sloping downward without weakening trend strength; they won’t play a support role unless the price approaches these levels. Ribbon dynamics reinforce the overall bearish trend, but oversold RSI could create a reaction opportunity toward EMA20. In the long-term trend, a break below EMA200 could trigger a multi-month bottom search.
Bitcoin Correlation
BTC at 68,589 dollars with a 2.72% decline is in a downtrend; main supports at 65,786, 60,000, and 46,196 dollars. As a highly correlated altcoin with BTC, DYDX is negatively affected by BTC’s bearish Supertrend signal. If BTC fails to break the 70,139 resistance, general pressure on altcoins increases, and DYDX could challenge the 0.0948 support. If BTC falls below 65k, DYDX could head toward the bearish target of 0.0205 (score 22); upside, a BTC 73k breakout opens the door to 0.1792 target for DYDX (score 15). Rising BTC dominance limits alt flows, keeping DYDX momentum dependent on BTC movements. Detailed review recommended for DYDX Spot Analysis and DYDX Futures Analysis.
Momentum Outcome and Expectations
In conclusion, DYDX momentum analysis offers short-term reaction potential with RSI 24 oversold pressure, but MACD negative histogram and position below EMA create bearish confluence. Lack of volume confirmation limits selling momentum, but MTF levels emphasize downside risk. If the 0.0948 support is not held, it could lead to bearish targets; a breakout above 0.1059 would be the first step for momentum change. BTC downtrend mandates a cautious approach for altcoins. Indicators weigh overall trend strength in favor of bears, but divergence development should be monitored. These dynamics indicate DYDX’s volatile structure is open to sudden changes.
This analysis uses Chief Analyst Devrim Cacal’s market views and methodology.
Source: https://en.coinotag.com/analysis/dydx-technical-analysis-february-10-2026-rsi-macd-momentum
