#CryptoTrading.

📊Technical Analysis (1 hour) $DIA /USDT

1. Price and Trend: The current price is 0.7387 USD with an increase of 8.89%. The chart shows an uptrend with a recent breakout above the resistance level near 0.7250, indicating the strength of the bullish movement.

2. Moving Averages (MA):

• MA(5): 0.475337 million (short-term trend) shows increasing volume.

• MA(10): 0.746232 million (medium-term trend) also supports the upward movement.

• The price is above both MAs, which is a bullish signal.

3. Bollinger Bands (20, 2): The price is approaching the upper limit (0.7998), which may indicate overbought conditions. The middle line (0.7179) serves as support, while the lower line (0.6359) is a potential bounce level.

4. MACD: DIF (0.0171) and DEA (0.0159) are close, with a positive MACD (0.0012) confirming bullish momentum, but a weak signal due to the small difference.

5. StochRSI: The value of 59.8563 (MAstochRSI: 61.3664) is in the neutral zone, approaching overbought, which may warn of a possible correction.

6. Volume: A significant surge in volume (1.635 million) accompanies the price breakout, reinforcing the validity of the move.

⚠️Conclusion: The current trend is up with strong support at 0.7179 (Bollinger Bands). However, approaching the upper limit of Bollinger and StochRSI indicates the risk of correction. It is recommended to monitor the level of 0.7998 (resistance) and a possible pullback to 0.7250.