$DYM has just completed a sharp impulsive move to the upside and is now showing signs of exhaustion near the local high. A strong rejection wick followed by sideways-to-lower price action points to post-spike distribution, with momentum cooling and sellers starting to step in below the recent top.
Short Setup: • Entry: 0.0540 – 0.0560
• TP1: 0.0500
• TP2: 0.0460
• Stop Loss: 0.0595
The bearish bias remains intact as long as price stays below the 0.056–0.058 resistance zone.
DYM
0.0471
+19.24%