The token is currently trading well below its primary moving averages, with MA30 at 0.0017179 acting as dynamic overhead resistance.
Immediate Resistance: A significant hurdle is established at the 0.0015451 level. A confirmed breakout above 0.0017179 (MA30) is required to shift the current bearish sentiment.
Key Support: The price recently bounced off a local floor at 0.0012804. If this level fails to hold, further downside testing toward the 0.00063 region is possible.
Outlook: With the price sitting at the bottom of its recent range and the trend firmly bearish, traders should look for signs of stabilization around 0.0013 before considering entries.
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$DMC /USDT Technical Breakdown
The token is currently trading well below its primary moving averages, with MA30 at 0.0017179 acting as dynamic overhead resistance.
Immediate Resistance: A significant hurdle is established at the 0.0015451 level. A confirmed breakout above 0.0017179 (MA30) is required to shift the current bearish sentiment.
Key Support: The price recently bounced off a local floor at 0.0012804. If this level fails to hold, further downside testing toward the 0.00063 region is possible.
Outlook: With the price sitting at the bottom of its recent range and the trend firmly bearish, traders should look for signs of stabilization around 0.0013 before considering entries.
#GameFiSeesaStrongRebound