Here’s a detailed technical analysis of your DYM/USDT chart from Binance (15-min timeframe) for your Square post:
1. Overall Trend
The pair was in a long consolidation phase between ~0.037–0.040 before a sharp breakout.
A parabolic move occurred, peaking at 0.0746, nearly doubling the prior consolidation price.
After the spike, the price has retracted and is currently stabilizing around 0.046–0.047.
2. Moving Averages (MA)
MA(7) – yellow: Shows short-term momentum. It currently sits around 0.0463.
MA(25) – pink: Medium-term trend. Currently above the short-term MA, indicating downward correction after the spike.
MA(99) – purple: Long-term trend. Price is currently just above it (~0.0474), suggesting a potential support level.
Interpretation:
Price is below MA(25) but near MA(99). Short-term pressure is bearish, but long-term support might hold around 0.046–0.047.
3. Candlestick Patterns
Parabolic candle at 0.0746: Strong FOMO-buying, followed by rapid profit-taking.
Subsequent red candles: Suggest a classic blow-off top and retracement.
Current candlesticks are small-bodied, indicating consolidation and indecision.
4. Volume Analysis
Spike in volume coincided with the parabolic price move (~03:00–04:00).
Current volume is significantly lower, meaning the retracement is not panic selling, just normal profit-taking.
Watch for volume increase above 5M, which may signal a new directional move.
5. Key Support & Resistance
Support Levels:
0.046–0.047: MA(99) and recent consolidation zone.
0.044: Prior minor support during the retracement.
Resistance Levels:
0.050: Psychological barrier and prior local highs.
0.056–0.058: Consolidation after the spike.
0.0746: All-time high.
6. Short-Term Outlook
Price is in a consolidation phase after the spike.
Bullish scenario: Price holds MA(99) and breaks above 0.048–0.050 with volume. This could resume a new upward leg.
Bearish scenario: Price fails MA(99) support and drops toward 0.044–0.043, signaling deeper retracement.
