🚀 #DYM /USDT – Double Bottom Breakout Incoming? 🔥
The $DYM /USDT chart on the 1-hour timeframe is shaping up to complete a Double Bottom pattern, hinting at a strong bullish reversal in the making.
💰 CMP: $1.499 (-2.09%)
📊 Key Technical Highlights:
•Pattern Formation: A clear Double Bottom structure around the $1.26 support zone.
•Neckline Resistance: $1.60 – Breakout above this level confirms the pattern.
•Measured Target: $1.90 – Based on the pattern’s height.
•Support Zone: $1.40 – Strong buying interest observed at this level.
📈 Bullish Indicators:
1️⃣ Higher lows confirm recovery and buyer strength.
2️⃣ Consolidation near neckline resistance indicates bullish accumulation.
3️⃣ A break above $1.60 could trigger explosive upside momentum.
🛠 Tools Used: FortuneAI Trading Indicator – Advanced insights for trend, volume, and pattern identification.
🌟 Double Bottom Breakout or Rejection? What do you think? Drop your analysis below! 🚀