TECHNICAL ANALYSIS OF TOP 3 losers

1. $DIA (DIA -3.80% | Last Price: $1.0230)

• Price Action: DIA has seen a 3.80% drop in the last 24 hours, reflecting bearish sentiment.

• Support and Resistance:

• Support: Immediate support lies around $1.00, which is a psychological level.

• Resistance: A short-term resistance could be set near $1.05 based on recent price movements.

• Momentum Indicators:

• RSI: A 3.80% drop might push the RSI into oversold territory, indicating the possibility of a short-term rebound.

• MACD: Likely showing bearish divergence, suggesting continued downside pressure unless the market reverses.

• Trend: DIA appears to be in a downward trend in the short term, so traders might wait for a stronger support to form.

2. Unifi Protocol DAO ($UNFI -2.84% | Last Price: $2.872)

• Price Action: UNFI has decreased by 2.84%, signaling moderate selling pressure.

• Resistance: Resistance could be at $3.00, as it is a key psychological level.

• Momentum Indicators:

• RSI: The steady decline may point towards further consolidation if not near oversold levels.

• MACD: Likely showing negative momentum, indicating bearish divergence.

• Trend: UNFI’s drop indicates caution from buyers. The price needs to hold above $2.85 to avoid deeper corrections.

3. Juventus Fan Token ($JUV -2.22% | Last Price: $1.85)

• Price Action: JUV is down 2.22%, showing minor bearish sentiment compared to the others

• Resistance: Resistance is expected around $1.90, where sellers might appear.

• Momentum Indicators:

• RSI: Given the mild decline, RSI could be neutral or approaching oversold levels.

• MACD: Shows bearish tendencies but could reverse with slight buying pressure.

• Trend: JUV is in a downward consolidation phase. However, its milder drop indicates that a recovery might occur if $1.80 holds strong.

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