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Slingshot Bullish appears for DAO after 2.83% move
On Monday, August 3rd, DAO moved down 2.83% while volume shrunk to 0.4× the usual levels. The session formed a Slingshot Bullish, often signaling a possible continuation. Key support levels exist at 15.52, 14.72 & 14.12, with resistance at 16.92, 17.52 & 18.32. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of DAO: A
What else did DAO do today? Find out on SwingTradeBot.
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