DIA Monthly Update
$DIA is still inside a long-term descending channel, but the latest candles show buyers starting to defend the lower area.
* Current: ~$0.138
* Support: $0.10–$0.12
* Resistance: $0.18–$0.20
* Major resistance: $0.323
* RSI: ~40.5 — recovering but not yet bullish.
Bull case: A breakout above $0.18–$0.20 could confirm a channel breakout and open the way toward $0.25–$0.32.
Bear case: Losing $0.10 would weaken the setup and could send price toward lower support.
Overall, the monthly chart is still bearish, but a breakout from this channel could create a major trend reversal. $0.18–$0.20 is the level to watch.
$DIA is still inside a long-term descending channel, but the latest candles show buyers starting to defend the lower area.
* Current: ~$0.138
* Support: $0.10–$0.12
* Resistance: $0.18–$0.20
* Major resistance: $0.323
* RSI: ~40.5 — recovering but not yet bullish.
Bull case: A breakout above $0.18–$0.20 could confirm a channel breakout and open the way toward $0.25–$0.32.
Bear case: Losing $0.10 would weaken the setup and could send price toward lower support.
Overall, the monthly chart is still bearish, but a breakout from this channel could create a major trend reversal. $0.18–$0.20 is the level to watch.
