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Summary
• Price formed a bullish engulfing pattern late in the session, reversing from a 0.0715 support.
• Volume surged during the consolidation phase, confirming the breakout attempt.
• RSI approached 50, suggesting neutral momentum but potential for upward continuation.
• Bollinger Bands tightened mid-day, signaling a possible breakout in the final hours.
• Turnover was uneven, with a notable divergence in the final candle’s volume and price movement.
At 12:00 ET–1 on 2025-12-16, Dymension/Tether (DYMUSDT) opened at 0.0718, touched a high of 0.0749, a low of 0.0701, and closed at 0.0729 by 12:00 ET. Total volume amounted to 9,072,688.7, with notional turnover reaching $656,454.
Looking ahead, the 0.0735 level may offer the next resistance, with a possible pullback expected if volume fails to confirm further strength. Investors should remain cautious of a reversal if the RSI pushes into overbought territory without a significant volume spike.
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