đ¨ $DYM /USDT IN DOWNTREND CHANNEL â OPPORTUNITIES FOR BREAKOUT OR BREAKDOWN! đ¨
The DYM/USDT chart shows a clear downtrend within a descending channel. Current price: $1.635. The price has tested the lower boundaries multiple times, and itâs now attempting a recovery.
đĄ CRITICAL Levels to Watch:
⢠Resistance: $1.640 USDT â A breakout here could trigger momentum towards the next target of $1.680 USDT.
⢠Support: $1.617 USDT â This is a crucial level. A breakdown could lead to a further drop to $1.600 USDT.
đ Entry Strategy:
⢠Long Entry: Above $1.640 USDT, targeting $1.680, with a Stop Loss at $1.620 to limit downside risk.
⢠Short Entry: Below $1.617 USDT, targeting $1.600, with a Stop Loss at $1.630 to protect from unexpected reversals.
The chart suggests cautious moves with potential volatility. Plan your entries based on confirmed breakouts or breakdowns within this channel!
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