🚨 $DYM /USDT ALERT: Watch for a Potential Breakout or Retracement! 🚨
On the 15-minute chart, DYM is showing recent upward momentum, with a surge from a 24-hour low of $1.603 to a high of $1.760. The price is currently consolidating near $1.728, indicating potential for either a breakout above resistance or a pullback to support levels.
💡 Trade Setup:
Current Price: $1.728
Entry Price: Around $1.715–$1.725 (await confirmation of stability).
📈 Critical Levels to Watch:
Resistance: $1.760 – A breakout above this level could drive the price toward the next targets.
Support: $1.713 – Holding above this level is crucial to maintain upward momentum.
🎯 Take-Profit Targets:
1. $1.780
2. $1.810
3. $1.850
⛔ Stop Loss: Place at $1.690 to manage downside risk.
⚠️ Cautionary Note:
Watch for confirmation of a breakout or failure to hold above $1.713. Increased volatility is expected around these levels. Use tight risk management and adjust positions based on market movement.
