ProfitableTrades

🚨 Trading Signal -2

📉 DIAUSDT Technical Breakdown & Market Sentiment Update 🔍

$DIA is currently showing signs of short-term weakness after a strong pump recently. The price is trading around $1.03, down ~6.9% on the day, with a potential pullback zone in progress. Here's what we're observing:

🔹 Fibonacci Retracement Levels in Focus:

First support at $0.97 (key short-term hold).

Next major levels: $0.846 and $0.769 — likely demand zones if correction continues.

Strong bounce possible from these levels if BTC remains stable.

🔹 RSI (Relative Strength Index):
Sits at 64.4, slightly below overbought territory. Indicates cool-off phase, but still in bullish range.

🔹 MACD:
Still above the signal line, but momentum is weakening. A bearish crossover could confirm a deeper pullback.

🔹 Trend Strength Index:
Currently low at 0.72, suggesting the rally is losing steam and a consolidation or correction is underway.

🔹 Break-even zone: Around $1.04 – crucial for holding long positions. If this breaks down, look toward the $0.84–$0.77 range for possible re-entries.

📌 Short-Term View: Bearish to Neutral
📌 Mid-Term Outlook: Bullish if it holds the $0.84–$0.77 zone
📌 Next Resistance: $1.18 – $1.20
📌 Entry Zones (Spot/Long): $0.84 / $0.77 (Wait for confirmation)

🧠 Pro Tip: Watch BTC movement before re-entry. Let DIA cool down and find a proper support base.

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