Coin Name: $DIA
Position: Short
Entry Price: 0.6600
DIA has recently been rejected at the upper trendline and is currently trading within a channel on the lower timeframes. The price action suggests weakening momentum, reinforcing my bearish outlook. I've entered a short position from my planned entry zone, backed by disciplined risk and capital management.
The 12-hour CoinGlass Binance liquidation heatmap reveals substantial upside liquidity on DIA. From a technical perspective, I anticipate a short-term liquidity grab to the upside before a potential reversal to the downside.
The Money Flow Index on TOTAL2 is showing bearish signs, suggesting potential weakness across the broader altcoin market. This supports the idea of exploring short setups, provided strong risk and capital management practices are in place.
Leverage: 3X
Targets:
1st TP 0.6280
2nd TP 0.6000
3rd TP 0.5850
4th TP 0.5600
This is my personal prediction, but as we all know, the crypto market is highly volatile. If you're considering this trade, be sure to conduct your own thorough research before making any decisions.
$DIA
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