$DIA is showing a solid recovery after the post-July pump correction.
Price still hovering around $0.123–0.126
Also we holding above the recent base around 0.105–0.110
Key Levels • Resistance: 0.128–0.132, then 0.140 • Support: 0.118–0.120, then 0.110–0.108
Bias Short-term bullish as long as price holds above 0.118–0.120.
A clean break above 0.128–0.132 would open room for another leg higher toward 0.140+.
Still well below the major longer-term moving averages so this remains a recovery bounce within the broader downtrend structure but momentum has clearly improved on the daily.
After the strong late-July breakout (which pushed price toward the $0.19–0.20 area $DIA has corrected sharply and is now consolidating in the $0.106–0.115 zone.
Price is trading below the higher moving averages that were left behind during the pump, and short-term momentum has cooled significantly. The 4H is showing lower highs and lower lows in the recent correction phase.
Key Levels • Resistance: 0.112–0.115, then 0.120–0.125 • Support: 0.105–0.108, then 0.100–0.098 • Pivot zone: 0.108–0.110
Bullish Scenario • Hold the 0.105–0.108 support zone with higher lows. • A clean reclaim of 0.112–0.115 with volume would signal the start of a recovery leg. • Targets: 0.120 → 0.130–0.135 (previous consolidation area). • The big July breakout still keeps the medium-term structure constructive if this support holds.
Bearish Scenario • Failure to hold 0.105–0.108 opens the door for another leg lower. • Targets: 0.100 → 0.095–0.098. • Continued rejection at 0.112–0.115 keeps the short-term pressure on the downside.