$DIA urgent update
is dia try to fly again or it's just a bull trap before crashing ?
The trading volume for DIA has been increasing in recent days, correlating with a 10% price rise in the last 24 hours, bringing it to $1.19â
. Over the past month, DIA has seen a substantial 214% gainâ
, and it's up 60% for the weekâ
. However, some indicators suggest that while momentum is strong, this could be a volatile period, potentially leading to short-term price trapsâ
Given the increased volume and rapid price movement, it's essential to monitor whether this momentum can sustain or if it signals a potential bull trap. If you believe the price action is overstretched, a short could be considered, but be cautious, as the overall trend is bullish.
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