DYM target 7.54h time frame
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DYM broke the downtrend line with a double bottom structure. Currently, DYM is retesting the neckline of this double bottom, this support works well so far. Furthermore, there are two ways to set up targets, the first one is set from double bottom, that is 7.5, the second one could be estimated through Fibonacci Extension, which is around 8.3~8.7.
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TP: 7.5 / 8.5
SL: 5.9
Dymension
$DYM Dymension Falling WEdge...ASX:DYM Dymension is forming a falling wedge! Price action found a height of $8.7 and currently has retraced to a low of $5.9
Current Price: $6.5
Expecting #dym to break out of it's falling wedge for higher resistances: 6.9, 7.3, 7.7, 8.2, 8.7
A continous move up will lead to price discovery: 9.2, 9.8, 10.4
ASX:DYM inability to break out of this wedge will reclaim supports: 6.1, 5.7, 5.3, 4.8 which will make for perfect buy the dip opportunities (spot)
DYM/USDT Ready for a Potential Surge from Key Support? 🚀DYM💎 Paradisers, get ready for an exciting trading moment with #DYMUSDT, as it stabilizes at a pivotal support, hinting at the next potential direction.
💎 Observing #Dymension recent activity, we've noticed it couldn't surpass its last peak, leading to a bearish sentiment shift. However, we're now poised for a bullish turnaround from the demand level of $7.340. Should the price maintain its current drive, we anticipate an ascent that could well break through the overhead resistance.
💎 If the drive behind #DYM starts to dwindle, expect a rejuvenating rebound from the firm support at $6.823. Crossing below this essential mark, though, could signal a shift into more pronounced bearish territory.
Dymension DYM price shows a strong movement, how long will it ?Today, we will take a look at a young and quite popular coin in recent days - DYM. It was listed on many exchanges a week ago.
Due to the large amount of different activity, the DYMUSDT price successfully traded in the range of $6.85-7.85 and continued to grow.
If the growth continues successfully, the next levels are $9.60 and $10.30.
If the crypto market begins to correct, the strongest support should be in the $6.85-7 range.
Below, there is a relative void where the coin can begin to drain, which was received mainly for participation in activities.
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DYMENSION - Airdrops SeasonDYMUSDT is performing quite well since its airdrop happened, and the price is on an upward trend, because it is speculated that DYM stakers will be eligible for other airdrops.
That being said, if DYM breaks this symmetrical triangle upwards, it is bullish and we could reach $10 in the short term wizards.
Riding a possible retrace on DYMI expect a correction on DYM, so i am taking a small risk and i will try to ride a possible pullback. I am targeting main support zone at 6.3, invalidation above 8.5. I can also see a break of main trendline as confirmation of possible pullback with a bearish divergence