- DIA maintains a bullish structure with higher highs and lows after breaking out of a long-term wedge, targeting $4.76 with 651 percent upside.
- Strong momentum and rising investor interest follow DIA’s trend reversal from a multi-year downtrend into a sustained markup phase.
- DIA’s clear market structure and technical consistency support further rally potential as it builds higher lows and avoids erratic volatility.
DIA has broken out of a long-term wedge structure, signaling a major trend reversal after years of decline. Prices currently hover around $0.3750, showing strong momentum after establishing a fresh higher low. The asset has maintained a solid sequence of higher highs and higher lows, reinforcing bullish sentiment among traders and investors.
Besides, the wedge breakout occurred after DIA held support through a prolonged downtrend that began in 2021. The price consistently faced resistance until mid-2022, forming lower highs beneath a descending trendline. However, prices eventually reversed direction, breaking through the structure in early 2023. This confirmed a potential shift in market dynamics from bearish to bullish.
Structural Reversal Confirms Bullish Market Cycle
Following the breakout, DIA created a major high labeled as NHV in late 2023. Additionally, the token posted another high (AHV) before correcting. Despite the pullback, prices established another higher low (HL), maintaining the bullish structure. These higher supports mark increasing accumulation and a growing interest in DIA’s market value.
Moreover, the breakout confirms that the previous accumulation phase has ended. The market now transitions into a markup phase. The current structure signals strength, and technical analysis projects a potential target of $4.76589. This reflects a massive 651% upside from current levels, indicating strong mid-term prospects.
DIA Displays Clean Market Structure
DIA’s price action avoids volatile spikes, showing a clear and structured progression. The chart maintains strong technical clarity, with labeled points such as HL, HHV, and AHV aiding analysis. These indicators further affirm the ongoing trend strength and investor confidence in DIA’s outlook.
Consequently, this structure supports a continued rally if momentum holds. The price respects technical zones and trends upward with increasing support. Hence, DIA shows strong potential to meet its projected price target in the coming months.
