DIA Trade Update

The trendline has broken down, making it unsafe to hold a long position. Please close the trade at entry or with a small loss. You may consider taking one more position at the current market price (CMP) if the margin ratio is below 5%, and aim to close at break-even (BEP).

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DIA/USDT Set for Potential Breakout : Watch for Triangle Formation

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The **DIA/USDT** pair is showing promising signs of a potential upward move on the **4-hour chart**. A triangle pattern has formed, indicating a period of consolidation. This pattern suggests that a breakout could be imminent, but confirmation is needed before making any trades.

Traders should wait for the price to break out from the triangle formation, which will provide a clearer signal for the next move. A breakout to the upside could signify the beginning of the next significant jump for DIA.

Conclusion :
DIA/USDT is on the verge of a breakout, but traders should wait for a confirmed break from the triangle before entering the market.

Advice :
Stay patient and watch for confirmation of a breakout. Enter the trade only once the price moves decisively beyond the triangle’s boundaries to minimize risk and maximize potential gains.

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#Important Note:

Dear Investors,

We would like to bring to your attention the potential opportunity surrounding #DIA coin. Based on our analysis and market trends, we anticipate that #DIA may experience a significant increase in value over the next three days, potentially reaching $1 per coin.

While investing in cryptocurrency carries inherent risks, this projection is based on current market data and indicators. As always, we advise caution and thorough research before making any investment decisions.

Thank you for your attention

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EIGEN is forecasted to trade within a price range of $ 3.92 and $ 5.13 this week. EigenLayer will increase by 30.74% and reach $ 5.13 by Oct 06, 2024 if it reaches the higher value target.
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Crypto Whale Loses $32 Million in Phishing Attack Using Inferno Drainer Software

A crypto whale has reportedly fallen victim to a phishing attack, losing over $32 million in tokens due to a malicious transaction.

The incident was initially flagged by blockchain security firm ScamSniffer on the social media platform X.

The stolen assets, amounting to 12,083 wrapped ether tokens (spWETH), were linked to the decentralized finance (DeFi) protocol Spark and are valued at approximately $32.4 million.

According to blockchain intelligence company Arkham, the attack was orchestrated using the Inferno Drainer, a notorious scam-as-a-service tool.

Software Creates Fake Versions of Popular DeFi Apps
The software targets users by creating fake versions of popular DeFi applications, deceiving them into signing transactions that hand over control of their wallets.

Inferno Drainer has reportedly been responsible for stealing over $215 million from more than 200,000 victims throughout its existence, as highlighted by a Dune Analytics dashboard created by ScamSniffer.

The service’s operators allegedly take a 20% commission on stolen tokens.

Although Inferno Drainer was shut down by its developers in November 2023, it resurfaced in May 2024 with claims of improved features, new staff, and support for 28 different blockchains and hundreds of DeFi apps.

The identity of the victim remains unconfirmed, but blockchain investigator ZachXBT noted significant transactions linking the compromised wallet to a whale known as CZSamSun, not to be confused with the Paradigm researcher known as @samczsun on X.

In a message sent from the victim’s wallet, a 20% reward was offered for the return of the stolen funds, though no response has been received from the alleged scammer.

Blockchain analytics firm LookOnChain advised users to exercise caution by avoiding unfamiliar links and verifying all transactions before signing, to prevent falling prey to similar attacks.

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$MINA
$SEI

$DIA
The DIA price prediction for next week is between $ 0.435946 on the lower end and $ 0.420925 on the high end. Based on our DIA price prediction chart, the price of DIA will decrease by -3.45% and reach $ 0.420925 by Oct 07, 2024 if it reaches the upper price target.
$MINA
The Mina Protocol price prediction for next week is between $ 0.539593 on the lower end and $ 0.738437 on the high end. Based on our MINA price prediction chart, the price of Mina Protocol will increase by 36.85% and reach $ 0.738437 by Oct 07, 2024 if it reaches the upper price target.
$SEI
The Sei price prediction for next week is between $ 0.449988 on the lower end and $ 0.617578 on the high end. Based on our SEI price prediction chart, the price of Sei will increase by 37.24% and reach $ 0.617578 by Oct 07, 2024 if it reaches the upper price target.
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