DIA Weekly Update
$DIA has lost the level we flagged last week. Now the market needs to prove it can hold support.
Price is around $0.142 down roughly 10% this week and 20% over two weeks.
The rejection from the October high near $0.197 has turned into a deeper pullback. Price lost $0.152, slipped through $0.148, and is now testing the weekly lows.
Key levels to watch:
Bull case: Hold $0.142 and reclaim $0.148–$0.152. That could build a higher-low attempt and bring $0.166 back into play.
Bear case: Lose $0.142, and $0.140 is next. A deeper move could expose $0.120, while the $0.098 base becomes relevant if selling accelerates.
Weekly bias: Bearish until price reclaims resistance.
The bigger base from $0.098 remains intact but $0.142 is the line bulls need to defend.
watching for a bounce legends
$DIA has lost the level we flagged last week. Now the market needs to prove it can hold support.
Price is around $0.142 down roughly 10% this week and 20% over two weeks.
The rejection from the October high near $0.197 has turned into a deeper pullback. Price lost $0.152, slipped through $0.148, and is now testing the weekly lows.
Key levels to watch:
Bull case: Hold $0.142 and reclaim $0.148–$0.152. That could build a higher-low attempt and bring $0.166 back into play.
Bear case: Lose $0.142, and $0.140 is next. A deeper move could expose $0.120, while the $0.098 base becomes relevant if selling accelerates.
Weekly bias: Bearish until price reclaims resistance.
The bigger base from $0.098 remains intact but $0.142 is the line bulls need to defend.
watching for a bounce legends
