DAO is currently trading close to the resistance zone of $4.70. If it can break this resistance and close a few 4 hourly candles above this zone, we could start seeing a quick move towards $4.86, $5.12, $5.45, $6.41, $7.97, $9.52 and $10.48. Failure to break the resistance could lead to further accumulation and drop towards the lower support zones at $4.32 and $3.91 before continuing further.
DAOUSDTTrend Analysis

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