📊 $DMC

USDT (Perp) Market Overview

Metric Value

Last Price $0.008528 ⬇️ (-11.13%)

Mark Price $0.008530

24h High / Low $0.010983 / $0.008049

24h Volume (DMC) 20.82 billion

24h Volume (USDT) $194.92M

Current Vol 37,161,036

MA(5) / MA(10) 428.57M / 542.87M → Bearish Bias

📉 Technical Analysis

🔹 Momentum

Price dropped over 11%, testing daily support zones.

Volume spike with price decline suggests strong sell pressure.

MA(5) < MA(10) → Momentum is weakening.

Recent candle suggests attempted bounce at support but lacks conviction.

📍 Key Levels to Watch

Type Level Comment

Resistance 1 $0.00894 Minor bounce zone

Resistance 2 $0.00967 Intermediate resistance

Resistance 3 $0.01098 24h high; breakout confirmation point

Support 1 $0.00805 24h low; key short-term floor

Support 2 $0.00763 Previous low in depth orderbook

Support 3 $0.00746 Extended support zone (oversold area)

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⚙️ Trade Setups

🟢 Oversold Bounce Play

Entry: $0.00805–$0.00820

Target: $0.00894 → $0.00967

Stop: Below $0.00745

> Use tight stop. Watch for RSI divergence or bullish candle reversal near $0.0080.

🔴 Breakdown Short Setup

Entry: Break below $0.00805 with volume >50M

Target: $0.00763 → $0.00746

Stop: $0.00860 (above local resistance)

⚠️ Breakout Long Setup

Condition: Volume surge + break above $0.00970

Entry: $0.00970–$0.01000

Target: $0.01040 → $0.01095 (24h high)

Stop: $0.00920

🧠 Summary

Trend: Bearish short-term, with possible bounce from support.

Bias: Cautious bullish near $0.0080 if support holds, but breakdown risk remains.

Strategy: Focus on bounce play or breakdown confirmation. Avoid long until reclaim of $0.0097+

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