🔍 Technical Analysis: DIA/USDT - Key Price Targets
🚀 DIA/USDT has shown a notable upward movement, currently up by +12.20% over the last 24 hours. With a strong bullish trend in play, let's dive into some technical levels to watch closely as potential targets for future price action.
1. Bullish Target 1: $0.8938 (24h High)
Resistance Zone: The recent 24-hour high of $0.8938 is an immediate resistance level. If DIA/USDT manages to break above this, we could see further upward momentum. Watch for a retest and confirmation of this level to signal continued bullish sentiment.
2. Bullish Target 2: $0.9011 (Order Book Depth)
Key Resistance Point: As observed in the Binance order book, there's a notable concentration of buy orders around $0.9011. If the price pushes past $0.8938, this level will be critical to watch for confirmation of sustained bullish pressure. A break above could signal a strong rally toward higher levels.
3. Bullish Target 3: $0.9400 (Next Psychological Resistance)
Targeting Higher Levels: Beyond the current resistance zones, $0.9400 could serve as the next key level to target. This is a common psychological barrier that often acts as resistance. Traders should watch for any consolidation or price action near this level to determine if a breakout is likely.
📉 Support Levels to Watch
$0.7985 (SAR): The Parabolic SAR indicates a potential support level at $0.7985, providing a cushion for any downside correction.
$0.7484 (24h Low): The recent low of $0.7484 is the next major support level in case of a market pullback.
