DLO 1D: steady within the channel, eyes on $20+

On the daily chart, DLocal keeps trading inside a clean upward channel. After a strong leg up, price is pulling back toward the 13.12–13.90 buy zone - a confluence of the 0.5–0.618 Fibonacci retracement and the channel’s lower boundary.

As long as both MA50 and MA200 stay below price, buyers remain in control. Volume expansion supports the idea of another bullish swing ahead.

First resistance is near $16.45, with the broader target sitting at $20.57 - the 1.618 Fibonacci extension.

From a fundamental standpoint, DLocal keeps strengthening its presence in emerging markets. The fintech theme is still alive, and this setup looks like a calm pullback before another push higher.

In short - wait for confirmation around support, then let the trend do the heavy lifting. Just remember: even the cleanest channels have bumps along the road