Technical analysis by Zorroreny about Symbol DAO: Buy recommendation (5/8/2025)

DAO is oversold, developed bullish divergence and has pattern similar to AIOZ before it reversed. We can dip one last time but soon I am expecting bounce up to break 2nd diagonal resistance line and once this is done a strong push up leading to test of pivot at fibb 0.886 range. From there then bigger correction (to at least fibb 0.618 level).