DIA Targets $1.98 After Breaking Key Resistance as Web3 and AI Hype Fuel Buying

DIA flipped $0.50 resistance into support, now trading at $0.95 with bullish structure intact above $0.90.

MACD crossover and high RSI signal strong momentum, though a short term pullback or consolidation may occur.

A break above $1.03 could send DIA toward $1.20, with $1.30–$1.50 as the next resistance zone.

DIA has cleared major resistance levels following a breakout after breaching the $0.72 mark with strong volume support. As per Decilizer on X, the asset now eyes a target of $1.98

Bitcoin's broader uptrend, alongside increasing investor interest in Web3 and artificial intelligence sectors, appears to be supporting bullish momentum across altcoins. DIA previously traded sideways between $0.30 and $0.50, but a sudden rally saw the price explode to over $1.20 before retracing.

This breakout was not isolated. It followed a pattern of higher highs and significant volume spikes, especially during the surge past $0.50. Now, traders are monitoring both Bitcoin's trend and DIA's ability to hold key support levels for possible re-entries.

Key Support Levels

Following the breakout above $0.4997, DIA converted this resistance into a new support zone. This level had previously acted as a consolidation zone. The price respected the 50 period moving average repeatedly since mid February, supporting it as dynamic support.

DIA/USDT 1-hour price chart, Source: Decilizer on X

At press time, DIA was trading at $0.9579, after reaching a high of $1.03 and opening the day at $1.0074. The asset has pulled back by 4.99% on the day. Despite this, the outlook remains bullish, provided it holds above $0.90.

Previous highs near $0.61 could act as an interim resistance if the asset reattempts an upward move. A breach beyond $1.03 would open up the path toward the $1.20 level again, with the $1.30–$1.50 range next in sight.

RSI and MACD Support Ongoing Bullish Momentum

Technical indicators remain in bullish levels. The RSI is at 70.72, suggesting strong buying momentum. However, it has slightly turned downward, indicating a possible cooling off phase.

DIA/USDT 1-day price chart, Source: TradingView

The MACD shows a positive crossover, with the MACD line at 0.1569 above the signal line at 0.1090. The growing histogram suggests sustained momentum, though consolidation may occur before further upside.

Volume also surged during the breakout, peaking at over 1.2 million. That high volume confirms market activity. Since then, it has slightly declined, suggesting possible profit taking or the onset of a short term correction.

Price Range Between $0.90 and $1.20 Now Critical

With current support between $0.90 and $0.95, this range now is key in price direction. If it holds, the asset could attempt a move back to $1.20 or higher.

However, a drop below $0.90 may lead to a correction toward $0.75 and potentially down to $0.60. These levels align with past resistance zones that may now act as support during retracement.

DIA maintains a bullish structure after clearing long standing resistance and attracting high volume activity. The $0.90–$1.20 zone now defines the near term outlook, with indicators supporting potential continuation.

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