DIA/USDT: Technical Momentum. Overview of $DIA
On the 4-hour chart of DIA/USDT, we observe a V-shaped rebound. After a phase of accumulation at the bottom, the initiative has shifted to buyers.
📊 Facts:
Confirmation of the bottom. The level of $0.1611 has become a turning point. The impulsive exit from this zone confirms the strength of the current buying demand.
Breakout of MA. The price of $0.1757 has consolidated above MA(7) ($0.1685) and MA(25) ($0.1713). Currently, there is a test of the long-term MA(99) ($0.1811) on increased volumes.
Target vector. * Bullish: A breakout and consolidation above $0.1811 opens the way to $0.1866.
Bearish: A pullback to the support level of $0.1713 for a retest of the broken levels.
Result: The vector is locally bullish. It is recommended to monitor the breakout of MA(99).
Not financial advice. Technical analysis for informational purposes. The crypto market is volatile — think for yourself.
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