2026-01-17 17:41:01

DNN ended 2024 with an interesting setup on the charts. December 31st saw a piercing line formation right at the ascending support level—a textbook bullish reversal pattern that signaled the bears were losing their grip. What made it compelling was the follow-through that came next. The subsequent session confirmed the move with fresh momentum, suggesting buyers had taken control with real conviction behind the move.

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MEVSupportGroup

· 18h ago

Direct piercing line, started to exert effort at the end of the year, now the bears are in trouble.

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notSatoshi1971

· 18h ago

The DNN bottom formation is indeed beautiful, and that piercing line really caught the bears off guard. The subsequent momentum was impressive, and the buyers are showing some real strength in this wave...

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GasOptimizer

· 18h ago

Perforated line + confirmation of K, I've seen this routine too many times. The key is whether it can break through the previous high afterward; otherwise, it's just a textbook case of a false breakout.

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SellLowExpert

· 18h ago

Betting on the right side, DNN this time is indeed interesting. By the end of the year, a textbook-level reversal is expected, and retail investors finally won't have to cut their losses every day, haha.

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SudoRm-RfWallet/

· 18h ago

The penetration line is at the support level, and this time there is really some follow-up action.

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