Here’s your $DIA Weekly update

DIA is sitting at a major weekly demand zone after a prolonged correction, and price action is starting to stabilize.

Weekly Structure:

📉 Still below key EMAs (21 / 50 / 200) → macro trend bearish but downside momentum is slowing

🧱 Strong weekly support at $0.27 – $0.29 holding so far

📊 RSI (~38) near historical bottom range → room for upside

🔁 Momentum indicators flattening → early signs of a base formation

📦 Volume drying up → sellers exhausted, accumulation likely

Key Levels to Watch:

Support: $0.27 – $0.25 (must hold)

Resistance 1: $0.35 – $0.38 (range top)

Resistance 2: $0.42 – $0.45 (EMA cluster)

Major Flip Level: $0.49 (trend confirmation)

Outlook:

As long as DIA holds above $0.297, this zone looks like a high R/R accumulation area.

A breakout above $0.35 opens the door for a move toward $0.42–0.45 in the coming weeks.

Patience is key here — weekly bases tend to precede strong expansions.