🚨 $DIA /USDT – Trade Alert❗️
📉 Current Price: $0.6250
⚡ Setup:
Price was rejected at $0.658 (local high) following a +24.83% surge, signaling potential exhaustion.
The drop back to $0.6250 points to profit-taking or the beginning of a bearish reversal.
Key resistance is identified at $0.6528 (near the 24h high), while key support lies at $0.5843 (recent swing low).
🎯 Short Entry Zone: $0.6300 – $0.6400
A retest of resistance is anticipated before the downtrend resumes.
🎯 Targets:
TP1: $0.5843 – immediate support
TP2: $0.5465 – next swing low
TP3: $0.5088 – aligns with broader target near the 24h low of $0.4945
🛡️ Stop Loss: $0.6580
This is placed just above the recent peak to cap downside risk.
📊 Market Insight:
The 24h volatility range ($0.4945–$0.6512) highlights a highly uncertain market.
DIA volume at 15.23M exceeds USDT volume at 9.06M, suggesting sellers are currently in control.
🧠 Pro Tip:
Lock in partial gains at TP1 ($0.5843) to manage exposure to volatility.
Use the 15-minute and 1-hour charts to spot breakdowns below $0.6250 as confirmation of bearish continuation.
🔍 Key Risk:
A breakout above $0.6580 could invalidate this bearish setup and reignite buying pressure. Stay disciplined with your risk management.