Dash ($DASH
/ USDT📜🗝📜✍️
The current price is trading close to $34.51, with an increase of approximately +2.13% in the last 24 hours.
After a period of consolidation between $34.30 – $34.75, signs of a potential short-term price expansion have begun to appear.
On smaller time frames, the price defended the local bottom of $34.29 and started to form higher lows, indicating that buyers are gradually entering. The current structure suggests a phase of accumulation below a minor resistance.
📊 A look at the price structure
🔹 Support area: $34.30 – $34.40
🔹 Resistance area: $34.75 – $35.05
🔹 There is clear liquidity accumulated above $35.00 (previous rejection tail area)
If the price recovers the level of $34.70 – $34.80 and holds above it with an increase in volume, momentum may accelerate towards the $35+ area.
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🎯 Trading plan
• Entry area: $34.45 – $34.60
• First target: $34.90
• Second target: $35.20
• Third target: $35.60
• Stop loss: $34.20
#DASH/USDT #BinanceSquareTalks
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🔎 Expected scenario
A clear breakout above $35.05 (the nearest peak) with strong trading volume may push the price to continue rising towards the mid-levels of $35.
However, if the price fails to hold above $34.30, the structure may turn negative in the short term.
Momentum is in the building phase — but real confirmation comes with an increase in volume.