📉 $DIA /USDT – Pressure Mounts Near Multi-Day Low! A Breakdown or Bounce?
$DIA is trading at $0.3856, down 5.51%, brushing against its 24h low of $0.3848. The price is now below all major moving averages, signaling continued weakness:
MA(7): 0.3886 | MA(25): 0.3992 | MA(99): 0.3923
Technical Analysis:
– Rejection from $0.4137 signals fading bullish strength
– Current price action is consolidating just above key support
– Watch for volatility near the $0.3820–$0.3840 zone
– Breakdown may lead to deeper lows, but bounce setups are forming
Short-Term Trade Setup:
Entry: $0.3830 – $0.3860
TP1: $0.3950
TP2: $0.4020
SL: $0.3760
Long-Term Trade Setup:
Entry: $0.3780 – $0.3850
TP1: $0.4120
TP2: $0.4290
SL: $0.3660
Low volume ($321K USDT) indicates weak momentum — monitor closely for a decisive move from this tight range.
