Dimitra / Tether
Long
Updated

Dmtrusdt buy opportunity

883
DMTR/USDT has broken out from its downtrend trendline and is forming a bullish continuation pattern, highlighted by a significant pennant formation.

This pattern suggests further upward movement towards the internal supply zone. The accumulation zone below presents a strong buying opportunity.

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DMTR has tested a significant demand zone, resulting in a strong bullish rebound. This zone is expected to hold as support, and any revisit presents a potential re-accumulation opportunity. However, a confirmed close below the 0.0152 level would invalidate the bullish structure, signaling a shift in momentum toward bearish continuation, as illustrated by the bear path on the chart.

snapshot

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