After hitting the high, the upward momentum couldn't be sustained, and sellers are actively defending higher prices. The price has broken below the short-term moving averages, and the selling pressure feels heavy, pushing the momentum downward. As long as sellers remain active, this dynamic typically paves the way for further downside movement.
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$DYM 's upward momentum is waning, and the bears are starting to take control.
Short $DYM now
Entry: 0.04550 – 0.04700
Stop Loss: 0.04750
First Target: 0.04401
Second Target: 0.04259
Third Target: 0.03824
After hitting the high, the upward momentum couldn't be sustained, and sellers are actively defending higher prices. The price has broken below the short-term moving averages, and the selling pressure feels heavy, pushing the momentum downward. As long as sellers remain active, this dynamic typically paves the way for further downside movement.
Trade $DYM 👇 here