$DIA battles to stay afloat, but a storm might be brewing 🌧️

The $DIA chart doesn't look too promising right now. Currently trading at $0.3239, it’s flirting dangerously close to recent support levels. The price is also stuck under the 7-day moving average of $0.3351 and well below the 99-day SMA at $0.3364—both are proving to be stubborn resistance points.

The MACD histogram shows bearish momentum continuing to build, with those red bars deepening, indicating a struggle for buyers to push higher. Also, the volume is quite low, at only 37K, meaning there’s not much fuel in the tank to ignite a reversal anytime soon.

Unless we see a sudden spike in volume or a miraculous push above the $0.35 resistance, $DIA could find itself falling back to $0.30 or lower in the near term. Caution is advised as the overall trend seems to be leaning bearish, with no clear reversal signals in sight.