DIAUSDT Trading opportunity

DAIUSDT has recently broken out from a falling wedge pattern, which is a bullish reversal pattern. The breakout has been confirmed, with a completed re-test of price, which is also a bullish sign. The price facing immediate threat with local resistance level around 0.515 and a support level at around 0.314.

If the coin is able to break through this resistance level, we could see further upside potential for DAIUSDT. This could lead to a potential price target of around 0.786

On the other hand, if the coin is unable to break through the resistance level, we may see a potential retracement back to the support level for more accumulation. It's important to monitor the price closely and wait for confirmation of a breakout before entering any trades.

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