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NR7 appears for DAO after 2.44% move
DAO posted a 2.44% loss on Wednesday, July 1st, accompanied by 0.1× normal trading volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 11.83, 11.66 & 11.37, with resistance at 12.29, 12.58 & 12.75. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of DAO: C
Today’s move could mean more—check all the signals for DAO on SwingTradeBot.
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