DRAM: Breakout And RetestRoundhill Memory ETFBATS:DRAMBlaisefxacademyRoundhill Memory ETF (CBOE: DRAM) closed its latest trading session at $57.19. The fund remains in a technical bear market, down nearly 30% from its 52 week high of $81.34. The primary catalysts driving current market behavior include massive institutional outflows and shifting AI dynamics. Technical view: DRAM is on a bullish motion. The ETF recently broke below its trend support line at $59.70, after a few months of scaling partially on highs and lows pattern, in respect to the framework. Price is preparing for a back test, as we anticipate more bearish drop between $60.71 to $59. Key points: A clear reverse at this zone, sets off a sell position down to $50, as next possible bearish. Thanks for reading.