đš $DIA /USDT COLLAPSES AFTER A SHARP SPIKE â IS A REVERSAL NEAR? đš
The DIA/USDT pair is displaying high volatility, making waves with a 22.95% price surge. But beware! After hitting a 24-hour high of 1.2633 USDT, the price dramatically plummeted to 0.9484 USDT, now sitting at 0.9653 USDT.
đĄ MARKET SUMMARY: The chart shows that after a failed rally to 1.1750 USDT, DIA has entered a heavy correction phase, finding short-term support at 0.9484 USDT. The momentum seems to be losing strength, with increasing volume suggesting panic sellers entering the market.
đĄ CRITICAL Levels to Watch:
Resistance Zone: 1.0202 USDT â A recovery could see DIA test this level, but failing to break above could confirm more downside.
Key Support: 0.9484 USDT â This support is crucial. A break below could trigger a further drop.
â ïž LONG-TERM OUTLOOK:
Short Signal: If the price fails to reclaim 1.0202 USDT and drops below 0.9484 USDT, expect a bearish breakdown toward 0.7750 USDT. Short positions targeting 0.8500 USDT with stops above 1.0202 USDT are recommended.
đ SHORT-TERM OUTLOOK:
Long Signal: A recovery toward 1.0202 USDT could ignite a mini-rally back to 1.1750 USDT. Go long on breakouts above 1.0202 USDT, with a target of 1.1750 USDT, and set a stop-loss at 0.9650 USDT for risk management.
