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DRMA forms Reversal New Lows Setup on October 2

Dermata Therapeutics, Inc. (DRMA) — Nightly Technical Analysis · Oct 2, 2025, 17:51 ET
DRMA finished lower by 3.7% on Thursday, October 2nd, trading 11.7 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — New 52 Week Low and Reversal New Lows Setup — suggesting potential weakness ahead. Key support levels exist at 4.59, 4.23 & 3.92, with resistance at 5.26, 5.57 & 5.93.

Current SwingTradeBot Technical Rating of DRMA: F

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Dermata Therapeutics, Inc. (DRMA)