DIAM is on fire today, up 50%+ as traders pile into this quantum-resistant blockchain gem. The price is testing $0.0133, a key resistance level, while indicators like RSI (78) scream overbought — a pullback could be brewing. If bulls break $0.0133, we could see a FOMO rally toward $0.017–$0.022, but failure risks a drop to $0.0075. With low liquidity and wild swings, this is a high-risk, high-reward play.
More details:
1. Price Action: - DIAM is testing $0.0133 (upper Bollinger Band), a key resistance level. - Immediate support lies at $0.00907 (Bollinger Basis), with stronger support at $0.0075 (24h low).
2. Indicators: - RSI (78.19): Overbought, signaling potential pullback or consolidation. - Stochastic (%K = 62.68): Neutral but leaning bullish. - MACD: Bullish crossover (Histogram = 0.00058), but momentum is weakening. - ADX (44.67): Strong trend strength, favoring continuation if support holds.
3. Volume & Liquidity: - Trading volume surged 349% on Gate.io, fueling the rally. - Low liquidity on decentralized platforms ($1.32 pooled) remains a risk.
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