Here’s a concise technical breakdow

n and short-term analysis for $DMC

/USDT Perpetual

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📊 DMC/USDT Overview

Last Price: $0.008146

Mark Price: $0.008149

24h Change: -10.27% 🔻 (high volatility)

24h High / Low: $0.009666 / $0.007812

24h Volume (DMC): 24.64B

24h Volume (USDT): $220.11M

Recent Volume: 100.57M

MA(5): 100.68M

MA(10): 116.03M

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🔍 Key Price Levels

Type Price Notes

Support $0.007812 Local daily low; immediate floor

$0.007732 Pre-breakout base zone

Resistance $0.008430 Nearest rebound ceiling

$0.008778 Weak resistance cluster

$0.009127 Breakdown origin area

$0.009666 Daily high; bullish reclaim

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📉 Trend & Momentum

Indicator Status Implication

Trend Strongly Bearish Double-digit loss with no bounce

MAs MA(5) < MA(10) Short-term weakness confirmed

Price Action At critical support Losing support could trigger dump

Volume High Heavy sell-side activity

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🧭 Trade Scenarios

🟥 Bearish Continuation (More likely short-term)

Trigger: Break and close below $0.007812

Targets: $0.0076 → $0.0072 → $0.0069

Stop (shorts): Tight stop at $0.00845

Risk: High volatility, slippage likely

🟩 Bullish Relief Bounce (Reversal attempt)

Trigger: Clear reclaim of $0.00878 or higher

Targets: $0.00913 → $0.00966

Stop (longs): Below $0.00775

Note: Needs broader sentiment shift (e.g., BTC upward move)

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🧠 Quick Summary

Bias: Strongly Bearish

Price Behavior: Heavy dump, weak recovery

Current Strategy Suggestion:

Avoid chasing longs unless signs of reversal appear (like bullish engulfing or volume divergence).

Aggressive short setup if $0.007812 breaks, but manage risk due to the extreme drop already seen.

High liquidity = good for intraday trades, but sharp wicks expected.

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Let me know if you'd like a real-time dashboard-style overview of DMC + all previous tokens (BTC, LPT, JTO, etc.) ranked by momentum or entry quality.

#DMCK #DMClaunch #DYMBinanceHODL #REX-OSPREYSolanaETF #BinanceHODLerSAHARA