$DIA /USDT Technical Analysis (1H Chart)

⚡️ Monster rally — breakout confirmed, but local top may be in

📍 Current Price: $1.0362 (+73.05%)

📊 MA(20): $0.3472

📊 24H Range: $0.4871 – $1.1500

📉 Trend Overview:

DIA surged from $0.47 to a high of $1.15, clocking in over 140% intraday. The momentum remains strong, but the long wick on the recent candle suggests initial rejection from the top.

📊 Market Behavior:

• 🟢 Bullish structure with higher highs and higher lows

• ⚠️ Price extended far from MA(20), indicating potential for mean reversion

• 🔄 Slight pullback could set up next leg if bulls hold $0.95–$1.00 zone

🔥 Momentum Snapshot:

• 🚀 Volume steadily increasing throughout the move

• ✅ MACD and RSI (not visible here but likely overbought) would be flashing red soon

• 🧊 Cooling off expected unless bulls reclaim $1.15 with follow-through

🧱 Key Levels:

• Resistance: $1.1500 (local high) / $1.30 (next psychological level)

• Support: $0.9570 / $0.8440

• MA(20): $0.3472 (too far to consider dynamic support)

📌 Opinion – Trade Setup Suggestion

📈 LONG Setup (after dip & reclaim)

• Entry Zone: $0.9570–$0.9840

• Stop Loss: $0.8990

• TP1: $1.15

• TP2: $1.24

• TP3: $1.30

📌 Ideal setup is a pullback to mid-range with consolidation, followed by a reclaim candle above $1.00.

⚠️ DYOR – Current move is vertical and aggressive, so chasing up here can lead to being trapped in a wick. Look for strong reaction at key retracement zones before entering.

#ETHBreaks3700 $DIA