🔥 $DASH Bullish
The price of $DASH has continuously been rejected at 42.3 (24H low), establishing a strong support zone. This indicates the potential to maintain upward momentum in the short term.
The recent breakout above 44.0 has been reinforced by a surge in trading volume, confirming the validity of this move. 📈 This is a positive signal for the bullish trend.
Immediate resistance at 44.85 is the next important challenge. If the price surpasses this level, it may trigger a strong rally towards 45.82. 🚀
The recent 1H trading volume indicates strong activity during price increases, further reinforcing bullish price action. Contract funds recorded strong net inflows (805K in 1H, 1.17M in 4H), indicating that leveraged traders are positioning long.
The spot market also shows light but steady inflows (216K in 1H), confirming genuine buying interest. 💰
Long entry for $DASH: 43.8-44.2 (when the price retraces to the support zone)
SL: 42.2, below the main support level. 🛡️
TP:
Primary: 45.8 (resistance)
Secondary: 47.0 (next resistance) 🎯
Note: If the price does not break through the resistance at 44.85, it may lead to an extended consolidation phase around 42.60-44.85.
Trade $DASH now 👇
(DASHUSDT)
#dash #dashusdt
The price of $DASH has continuously been rejected at 42.3 (24H low), establishing a strong support zone. This indicates the potential to maintain upward momentum in the short term.
The recent breakout above 44.0 has been reinforced by a surge in trading volume, confirming the validity of this move. 📈 This is a positive signal for the bullish trend.
Immediate resistance at 44.85 is the next important challenge. If the price surpasses this level, it may trigger a strong rally towards 45.82. 🚀
The recent 1H trading volume indicates strong activity during price increases, further reinforcing bullish price action. Contract funds recorded strong net inflows (805K in 1H, 1.17M in 4H), indicating that leveraged traders are positioning long.
The spot market also shows light but steady inflows (216K in 1H), confirming genuine buying interest. 💰
Long entry for $DASH: 43.8-44.2 (when the price retraces to the support zone)
SL: 42.2, below the main support level. 🛡️
TP:
Primary: 45.8 (resistance)
Secondary: 47.0 (next resistance) 🎯
Note: If the price does not break through the resistance at 44.85, it may lead to an extended consolidation phase around 42.60-44.85.
Trade $DASH now 👇
(DASHUSDT)
#dash #dashusdt