Here’s a concise technical breakdow
n and short-term analysis for $DMC
/USDT Perpetual
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📊 DMC/USDT Overview
Last Price: $0.008146
Mark Price: $0.008149
24h Change: -10.27% 🔻 (high volatility)
24h High / Low: $0.009666 / $0.007812
24h Volume (DMC): 24.64B
24h Volume (USDT): $220.11M
Recent Volume: 100.57M
MA(5): 100.68M
MA(10): 116.03M
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🔍 Key Price Levels
Type Price Notes
Support $0.007812 Local daily low; immediate floor
$0.007732 Pre-breakout base zone
Resistance $0.008430 Nearest rebound ceiling
$0.008778 Weak resistance cluster
$0.009127 Breakdown origin area
$0.009666 Daily high; bullish reclaim
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📉 Trend & Momentum
Indicator Status Implication
Trend Strongly Bearish Double-digit loss with no bounce
MAs MA(5) < MA(10) Short-term weakness confirmed
Price Action At critical support Losing support could trigger dump
Volume High Heavy sell-side activity
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🧭 Trade Scenarios
🟥 Bearish Continuation (More likely short-term)
Trigger: Break and close below $0.007812
Targets: $0.0076 → $0.0072 → $0.0069
Stop (shorts): Tight stop at $0.00845
Risk: High volatility, slippage likely
🟩 Bullish Relief Bounce (Reversal attempt)
Trigger: Clear reclaim of $0.00878 or higher
Targets: $0.00913 → $0.00966
Stop (longs): Below $0.00775
Note: Needs broader sentiment shift (e.g., BTC upward move)
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🧠 Quick Summary
Bias: Strongly Bearish
Price Behavior: Heavy dump, weak recovery
Current Strategy Suggestion:
Avoid chasing longs unless signs of reversal appear (like bullish engulfing or volume divergence).
Aggressive short setup if $0.007812 breaks, but manage risk due to the extreme drop already seen.
High liquidity = good for intraday trades, but sharp wicks expected.
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Let me know if you'd like a real-time dashboard-style overview of DMC + all previous tokens (BTC, LPT, JTO, etc.) ranked by momentum or entry quality.
#DMCK #DMClaunch #DYMBinanceHODL #REX-OSPREYSolanaETF #BinanceHODLerSAHARA