🚨 $DYM /USDT – Bearish Momentum Builds! Support on the Edge at $0.249
$DYM is trading at $0.252, down 7.35%, with price action pressing against its 24h low of $0.249. It's now sitting below all major moving averages, indicating sustained downside pressure:
MA(7): 0.253 | MA(25): 0.263 | MA(99): 0.261
📉 Technical Overview:
– Sharp rejection from $0.277
– Current structure is forming lower highs and lower lows
– Critical support zone: $0.247–$0.249
– If this level breaks, the next major target could be $0.235
📊 Short-Term Trade Plan:
Entry: $0.249 – $0.253
TP1: $0.259
TP2: $0.266
SL: $0.242
📈 Long-Term Trade Plan:
Entry: $0.245 – $0.252
TP1: $0.273
TP2: $0.285
SL: $0.234
With 6.06M DYM traded, sellers remain dominant. A decisive move from this zone could dictate the next major swing — stay alert.