🔥$DYM on the move!🚀
Explosive breakout → brutal rejection → cooling off.
Is 💎 DYM loading for round 2… or shaking out weak hands? 👀
Watch 0.055 & 0.050 closely.
Massive impulse move followed by a sharp rejection at the top wick near 0.075 📈
Price is now consolidating around 0.053 after the spike.
🔎 What We’re Seeing:
• Strong breakout from 0.040 zone
• Parabolic push → heavy rejection
• Lower highs forming
• Price cooling off into consolidation
This looks like a classic pump → distribution → range structure.
🧠 Key Levels to Watch:
📍 Resistance: 0.055 – 0.058
📍 Major Rejection Zone: 0.065 – 0.075
📍 Support: 0.050
📍 Breakdown Level: 0.048
📊 Possible Scenarios:
1️⃣ Reclaim 0.055 → continuation toward 0.060
2️⃣ Lose 0.050 → revisit 0.045 liquidity
3️⃣ Range build before next expansion move
Volume will decide the next direction.
⚠️ After large wicks like that, patience usually pays. Let the structure form before jumping in.
Are you accumulating here or waiting for lower levels? 👇
