$DRAM USDT perpetual pair tracking the Roundhill Memory ETF on Binance has printed a very prominent bullish reversal pattern on the 1-hour chart, closing back up at 50.28. After suffering an aggressive intraday liquidation flush that spiked down to a macro bottom of 46.54, aggressive buying volume stepped in exactly at the structural support floor to completely erase the losses. This quick recovery has formed a high-conviction double-bottom structure, catching over-leveraged short positions completely off guard. With a solid 24-hour trading volume of 9.78M, the bulls have successfully turned the short-term market structure back in their favor, positioning the asset for a powerful breakout above the local 50.53 resistance level.
DRAMUSDT
Безсрочно
64.64
+3.19%
First Target: 52.00
Second Target: 55.50
Third Target: 60.00