DYM/USDT Analysis: Strong Resistance Broken – What's Next?DYM/USDT Analysis: Strong Resistance Broken – What's Next?
DYM is currently trading around $2.26 after a strong pump in the last few hours. To avoid FOMO (Fear of Missing Out), it's better to wait for the price to settle before entering.
Key Resistance Level: The price is breaking through a strong resistance at $2.17. If this level turns into support, it could be a good sign.
Best Entry Zone: Between $2.00 and $1.90.
Targets: $3.36/$5.57/$8.10/$12.00
Stop Loss: Place it below $1.90.
Always manage your risk and reward carefully and stick to your risk management plan. This is not financial advice, so do your own research before making any decisions.
Dymension
DYM/USDT Bearish so Expecting 30% Downside Move#DYM/USDT Chart Analysis:
1⃣ Bearish Trend for ASX:DYM After Breakdown of Parallel Channel
2⃣ Short Entry: $6.6-$6.9
3⃣ Targets: $4.87
4⃣ Stop Loss: 4H candle close above $7
Overview: As per Chart Analysis Paraller channel breakdown so #Dymension Entered in Bearish trend.
So I am Expecting 30% Downside Move if not break $7 Resistance.
Invalidation: If 4H candle close above $7 then Bearish Trend will end.
Dymension Ready for $10 ?#Dymension Update:
Who Participated in ASX:DYM ICO, Now they are 162% profit.
- ICO Price: $4.7
- Current Price: $7.7 ( 62% Up )
- Backer's Round: Not Disclosed By Team.
Note: Backers Fund will be Unlocked after 421 Days ( 6 April 2025 )
Chart Analysis:
If Dymension breaks Red Line Resistance then we can see $10- $15 also but if it breaks down white Trendline Support then we can see Downtrend.
Keep an eye on Support and Resistance.
Did you buy in ICO?