DYMUSDT A Bearish Shift in Play? Key Level to Watch.
Yello, Paradisers! Is #DYMUSDT gearing up for a bigger move, or could we see a deeper dip? Here's what we need to watch closely:
💎#DYM has confirmed a bearish reversal after breaking below the support trendline and losing its previous higher low structure. This shift signals potential bearish momentum, especially as the price gears up to test the supply zone between $1.38 - $1.50. If the price faces rejection here, it strengthens the case for a continuation of the downward movement, aiming for the first target at the demand zone.
💎Should we see a rebound in this area, it might indicate a temporary pause. However, if the price manages to reclaim and hold above the supply zone, there's a higher probability of reaching the final take-profit target at the major support level.
💎If DYM closes above the resistance, it would signal a potential return to bullish momentum, rendering any short positions invalid.
Trade smart, stay vigilant, and remember – patience and discipline always win the day.
MyCryptoParadise
iFeel the success🌴
💎#DYM has confirmed a bearish reversal after breaking below the support trendline and losing its previous higher low structure. This shift signals potential bearish momentum, especially as the price gears up to test the supply zone between $1.38 - $1.50. If the price faces rejection here, it strengthens the case for a continuation of the downward movement, aiming for the first target at the demand zone.
💎Should we see a rebound in this area, it might indicate a temporary pause. However, if the price manages to reclaim and hold above the supply zone, there's a higher probability of reaching the final take-profit target at the major support level.
💎If DYM closes above the resistance, it would signal a potential return to bullish momentum, rendering any short positions invalid.
Trade smart, stay vigilant, and remember – patience and discipline always win the day.
MyCryptoParadise
iFeel the success🌴
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Follow a team of traders with 10+ years of experience?
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