Analysis of currency $DASH
The currency showed a rebound from strong demand areas after a sharp decline, and new liquidity is currently forming above the levels of 79.5. There are signs of a retest of previous areas, and a short to medium-term upward opportunity.
Proposed Spot Trade:
• Entry Point 1: 78.5
• Entry Point 2: 73.0 (add if any decline occurs)
Targets:
• Near Target: 89
• Medium Target: 105
• Far Target: 132
Stop Loss: Closing a daily candle below 69
My Expectation:
A tendency to rise with the possibility of capturing additional liquidity below 73 before a strong launch.
Advice:
It is preferable to sell part of the quantity at each target and not to neglect risk management, as any daily close below 69 cancels the bullish scenario.
DASH
41.08
+1.08%
