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$DMAIL Previously experienced a significant decline, but the current chart shows signs of recovery. The price has bottomed near recent lows and is gradually moving upward. This behavior typically indicates that selling pressure is weakening.
In the short term, the price remains above the local bottom. The Relative Strength Index (RSI) is in the middle range, indicating a market in balance — neither strongly buying nor strongly selling. Momentum indicators are gradually turning positive, suggesting a potential trend reversal.
Recent candle volume spikes show renewed market interest, but there has been no intense chasing of gains yet. This is healthy for a gradual upward movement.
Short-term outlook:
As long as the price stays above the bottom, the market will likely trend sideways or slightly bullish.
Medium-term outlook:
If momentum continues and the price remains within this range, it may slowly rebound to previous resistance levels.
The above chart shows a sharp decline, the bottoming process, and a potential rebound path.
This is a personal market opinion and does not constitute financial advice. Always manage risk and make your own decisions.