📉 $D / USDT: Sharp Dip or Buying Opportunity? 🔍
The DAR Open Network ($D) is experiencing some significant volatility on the 1-hour chart today. After a period of consolidation, we’ve seen a sharp bearish candle testing lower support levels.
📊 Key Market Data:
• Current Price: 0.01314.
• 24h Change: -0.68%.
• 24h High/Low: 0.01356 / 0.01305.
• Long-Term Trend: The token has faced a challenging year, down -89.82% over the last 365 days, making this a critical area for potential recovery.
📉 Technical Analysis:
• Recent Drop: The price just broke below the MA(7) (0.01333) and MA(25) (0.01334) on the 1H chart with a large red volume spike.
• Support Levels: The next major support level to watch is the MA(99) (purple line) currently sitting at 0.01302. A bounce here could signal a short-term reversal.
• Momentum: The recent "dump" has pushed the price toward the lower end of its 24-hour range. Traders should watch for a stabilization in volume before considering an entry.
💡 Trader's Note:
DAR Open Network ($D) is currently under Monitoring status on Binance, which typically implies higher volatility and risk. Note that Binance will be ceasing support for $D deposits and withdrawals via the Ethereum Network starting January 16, 2026.
What’s your move? Are you catching the falling knife or waiting for a confirmed breakout above 0.0135? Let's discuss below! 👇
#DUSDT #DAROpenNetwork #CryptoAnalysis #BinanceSquare #TradingSignals #AltcoinUpdate $D
