Support holding… setup building for a recovery push.
$DASH /USDT – LONG
Trade Plan
Entry: $35.20 – $36.20
SL: $34.20
TP1: $37.20
TP2: $38.19
TP3: $40.00+
Why This Setup?
4H Structure: Price stabilizing above support ($34.57) after pullback → no breakdown, forming a potential higher low.
Price Positioning: Trading closer to support than resistance → favorable R:R for upside recovery.
MA Context: Price attempting to reclaim short-term MAs → early signal of momentum shift toward bullish side.
RSI Behavior: RSI recovering from lower levels → indicates fading selling pressure and potential upside continuation.
Volume Insight: Selling volume decreasing near support → suggests accumulation rather than distribution.
Daily Context: Still within a broader range. If $37–$38 breaks, next expansion toward $40+ becomes likely.
As long as $34.57 holds, buyers have control for a move toward higher liquidity zones.
Debate:
Is this the start of a move toward $40+…
Or will failure at support trigger another drop below $34?
Trade $DASH here 👇
