$DYM /USDT: Testing Critical Levels Amid Downtrend 🚨💯

The $DYM /USDT pair is currently trading at $1.256, reflecting a -11.36% decline over the last 24 hours. The price fluctuated between a high of $1.423 and a low of $1.236, with a total trading volume of 2.76M DYM and $3.61M USDT.

📊 Key Technical Insights:

Immediate Support: $1.23 (key level to hold).

Resistance Levels: $1.35 and $1.42.

Market Sentiment: Bearish, with consistent sell pressure across lower timeframes.

⚡ Trade Setup Suggestion:

Entry Zone: $1.24–$1.26 (if support holds).

Take Profit (TP):

TP1: $1.35

TP2: $1.42

Stop Loss (SL): $1.22

Technical Overview:

The 4-hour chart shows a declining trend with the price struggling to reclaim higher resistance levels. The $1.23 support is critical to prevent further downside toward the psychological level of $1.20. Buyers need a strong push to break above $1.35, which could signal a short-term recovery.

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