💧 $DYM /USDT – 4-Hour Technical Analysis
Current Price: $0.294
Trend: Bullish Reversal / Consolidation Breakout
MA Levels: (Please note: The image only shows AVL, not standard MAs, so I'm inferring based on visual price action relative to the AVL line shown.)
AVL: $0.287 (Appears to be acting as dynamic support) ✅
🎯 Upside Targets
Target 1: $0.296 → 24h High, minor resistance
Target 2: $0.324 → Previous local high / Resistance zone
Target 3: $0.340 - $0.350 → Psychological + momentum target (estimated based on chart structure)
🛡️ Support Levels
Support 1: $0.287 (AVL – dynamic support)
Support 2: $0.278 (24h Low / Recent swing low)
Support 3: $0.257 (Strong consolidation base / Prior low)
⚙️ Commentary
Price action shows a strong bounce from the $0.257 support level, breaking above the AVL and attempting to clear recent resistance.
RSI(6) at 72.662 and STOCHRSI at 96.397 suggest overbought conditions in the short term, but also strong momentum. Volume is supportive of the recent move up.
A sustained break and close above $0.296 could indicate further upside momentum towards $0.324.
Conclusion:
DYM is showing good recovery and potential for continued upside after forming a solid base. As long as it holds above $0.287, bulls are in control. Eyes on a breakout above $0.296 next. 🚀