BlockDAG is beginning to show early signs of a trend reversal after finding a solid floor at lower valuations. The price action has shifted from a persistent downtrend into a gradual accumulation phase, with buyers stepping in to absorb incoming sell orders. We are currently seeing a slight bullish pivot as the market builds local upward momentum.
$BDAG is relying heavily on the critical support zone established between $0.000078 – $0.000085. This area is highly significant because it marks the definitive turning point where aggressive sellers ran out of steam and demand returned. Holding this base is necessary to keep the emerging bullish structure intact.
The playbook here hinges entirely on the defense of this lower boundary. If the $0.000078 – $0.000085 zone remains secure, the market has a strong foundation to build an upward leg toward the overhead resistance between $0.000140 – $0.000155. Conversely, losing this floor will invalidate the recovery attempt and likely lead to a retest of previous lows.
While the immediate market structure looks promising, the asset is still dealing with overhead supply left behind from its earlier decline. A sustained push is required to fully turn the macro trend around. Manage your risk closely and watch for continuous higher lows before assuming the bottom is securely locked in.
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