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Look at $DIA trying to pull a fast one here.
We had a solid run up to 0.2965 but that rejection was pretty sharp. It’s currently sitting at 0.2907 and the last hour candle shows a lot of indecision.
The volume isn't massive yet, just 1.31M, so this could go either way. If we can't reclaim that 0.2920 area soon, I’m expecting a slide back down to test the 0.2800 support where the breakout actually started.
I’m staying light on this one until the 4h candle closes. Getting chopped up in this range isn't the move.
Are you guys bidding the dip or looking for a short entry if it breaks down?
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