💎 $DASH price at 40.15, showing a recent drop of 5.04%. The price has touched a low point of 40.06 and is just outside the lower band. This is key, as it indicates that the drop could be reaching its limit 👀. The recent minimum price of 40.06 is the current floor. It is vital that it stays above this! The middle line is at 46.14, surpassing this point would give a lot of confidence. We are far from the EMA50 at 52.13, which suggests that, if it rebounds, there is a large space to rise, potential for a strong movement 🚀! Prices do not usually stay out of the bands for long. One should consider an entry near the current price, 40.15, just after seeing that it does not fall below 40.06. The first target would be the middle band at 46.14, this represents a gain of more than 14% ✨!!! But a strong drop below 40.06 should not be allowed and if this happens, one must exit the position to protect the investment. The current situation seems to be extremely oversold, creating an attractive opportunity for a possible and strong rebound 💪!
DASHUSDT
Perp
41.24
+2.20%