Technical analysis by Supachai-Taechapisit about Symbol DAR: Buy recommendation (12/23/2024)

BINANCE:DAR/USDT - 1D TIMEFRAME 🎯MARKET STRUCTURE:━━━━━━━━━━━━━━━━✦ CURRENT PRICE: $0.13873 (-2.07%)✦ FIRST TARGET: $0.74760 (+525%)✦ ULTIMATE TARGET: $1.65318 (+1,100%)✦ TIMEFRAME: Daily/Long-termTECHNICAL BREAKDOWN:━━━━━━━━━━━━━━━━1. HISTORICAL CONTEXT: • Price at multi-year support level • Significant consolidation since May 2023 • Major historical resistance levels marked2. KEY PRICE LEVELS: • Current Support: ~$0.13-0.14 • First Major Resistance: $0.74760 • Second Major Resistance: $1.653183. VOLUME PROFILE: • Current Volume: 29.45M • Low volume consolidation phase • Potential accumulation periodSTRATEGIC OUTLOOK:━━━━━━━━━━━━━━━━LONG-TERM POTENTIAL:• Two major upside targets identified• Historical resistance levels as targets• Significant upside potential from current levelsRISK CONSIDERATIONS:• Current downtrend needs reversal confirmation• Volume increase needed for momentum• Extended consolidation possibleENTRY STRATEGY:━━━━━━━━━━━━━━━━• Wait for reversal confirmation• Look for volume expansion• Consider scaling in on breakout confirmationsRISK DISCLOSURE:━━━━━━━━━━━━━━━━Trading involves substantial risk. This analysis is educational and should not be considered financial advice. Always conduct your own research and trade responsibly.#DAR #Crypto #TechnicalAnalysis #TradingView #CryptoTradingTags: TradingViewNote: The significant upside targets are based on historical price levels. Always use proper risk management and position sizing.