$DIA Momentum Rebuilding: Will Bulls Reclaim $1.10 or Fade Below $1.05?
DIA is up 7.93% today, currently trading at $1.0757 after a solid bounce off the $1.03–$1.05 range. Price is now compressing just beneath the key $1.10 resistance zone, and volume is gradually picking up, hinting at a potential breakout or rejection ahead.
Key Levels to Watch
• Resistance Zone: $1.08 – $1.10
A confirmed breakout above could open upside toward:
• Target 1: $1.14
• Target 2: $1.22 (24h High)
• Support Zone: $1.05 – $1.03
A breakdown below this zone could lead to:
• Target 1: $1.00
• Target 2: $0.9650 (24h Low)
Trade Setup – Breakout Brewing or False Push?
• Bullish Entry: Break and hold above $1.10 with rising volume
• Target 1: $1.14
• Target 2: $1.22
• Bearish Entry: Close below $1.03
• Target 1: $1.00
• Target 2: $0.9650
DIA is approaching a high-conviction zone. If bulls break through $1.10, a sharp continuation could follow. But failure here could invite a quick drop back toward support. Stay alert—this is where momentum shifts are made.