đ$DAR / USDT Technical Analysis - Bearish Momentum Continuesđš
The $DAR / USDT pair is currently trading at 0.12945, down 25.82% over the past 24 hours. The price has been trending downwards, and the technical indicators suggest that the bearish momentum is likely to continue.
Technical Analysis:
* Moving Averages: The 7, 25, and 99-period moving averages are all sloping downwards, indicating a strong bearish trend.
* Volume: The 24-hour trading volume for DAR is 133.48M, which is significantly higher than the 24-hour volume for USDT (20.49M). This indicates that there is strong selling pressure in the market.
* Depth: The order book depth shows that there is more sell volume than buy volume at the current price level. This further supports the bearish outlook.
Overall, the technical analysis suggests that the DAR/USDT pair is likely to continue its downward trend in the near future.
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
