dYdX: Vote to Wind Down 21 Markets Launched

dYdX has opened an on-chain vote on whether to wind down 21 perpetual markets: 2Z, AXL, BLAST, CRO, ETHFI, EUR, GRT, IO, MANA, MNT, MORPHO, MOVE, PI, SNX, SPX, STX, TSLAX, USUAL, VVV, W and ZK.

Price action on the 4h chart shows DYDX holding exactly at the $0.11 level where both EMA50 and EMA200 converge as structural support while the MACD registers a bullish golden cross at -0.0 and RSI sits neutral at 56.79 inside the Bollinger Bands, indicating the token is consolidating without immediate volatility exhaustion before the vote outcome is known.