$DASH is experiencing a healthy correction after the recent rally, which allows the market to consolidate and shake out weaker positions. Pullbacks like this help strengthen the base for the next upward move.
Trade Setup:
Entry Zone: $48.5 – $49
Target 1: $50.5
Target 2: $52
Stop Loss: $47.8
I’m watching this zone closely because it matches previous support around $48.7 and aligns with the 0.5 Fibonacci retracement of the recent swing. They’re building strength here, and if this level holds, DASH could rebound strongly toward the targets.
$2.9733K worth of shorts were liquidated at $48.72, indicating that buyers are defending this area and reinforcing the support.
#WriteToEarnUpgrade #BTCVSGOLD #BinanceBlockchainWeek
DASH
49.57
+4.86%
