don't buy
Dom Nears Critical Support Level, Expecting a Drop to the 40s
There isn't really anything too volatile or unpredictable happening, but Dom is close to breaking below the 60 level. I'm hoping for a drop down to the 40s.
Source available for registered users Sign Up Free
Analysis
In my assessment, Dom's current price action shows stability with no significant volatility, indicating a relatively calm market condition. However, the asset is approaching a crucial support level ar...
Recommendation
Based on this analysis, I recommend traders watch the 60 level closely. If the price convincingly breaks below this support with increased volume, it could be prudent to consider short positions targe...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.