TheGreat_Daniel

Bullish on DYM Descending Triangle

Panjang
BINANCE:DYMUSDT   DYM / TetherUS
We have identified a descending triangle pattern. This is a bearish formation that often precedes a price drop BUT

Our analysis also presents two potential future scenarios for DYM. The first scenario anticipates an upward breakout from the triangle, while the second scenario suggests a continuation of the downtrend before an eventual breakout.

A significant support level has been identified at approximately 6.300 USDT. This level could potentially serve as a rebound point for the price.
Penafian

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