#DF PUMPING HARD

$DF Daily Timeframe Update (On Demand)

Inverse Head and Shoulders Pattern Confirmed

CMP: $0.0434
• Resistance: $0.055 (neckline break), next major target $0.075
• Support: Closest at $0.035, stronger at $0.022

Technical Analysis:
1. Inverse Head & Shoulders:
• Left Shoulder: Formed around mid-June.
• Head: Bottomed in August.
• Right Shoulder: Developed in October-November.
2. Breakout Confirmation: The price has broken above the neckline resistance, signaling a bullish trend reversal.
3. Volume Surge: The breakout is supported by strong volume, increasing confidence in the move.

Key Levels to Watch:
• Sustaining above $0.055 could open doors to $0.075 (next resistance).
• Failure to hold could see a retest of $0.035 as support.

Fundamental Insight:
dForce’s web3 infrastructure — spanning stablecoins, yield tokens, and RWA protocols — makes it a key player in DeFi growth.

Conclusion:
The Inverse Head and Shoulders breakout is bullish! If the price sustains above $0.055, this could be the next 10x gem. Accumulation near support levels might present opportunities.

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