🚨 $DASH /USDT Analysis: Breakout Alert! 🚨
$DASH is trading at 54.41, up a massive 40.12%, marking a sharp rally in recent hours. The price peaked at 58.80 but has retraced slightly, suggesting profit-taking at higher levels.
💡 Key Levels to Watch:
• Resistance: 56.00, 58.80, 60.00
• Support: 52.00, 50.00, 48.00
📉 Trade Setup:
• Long Entry: Above 56.00, targeting 58.80 and 60.00.
• Short Entry: Below 52.00, aiming for 50.00 or 48.00.
• Stop Loss: Place stops at 54.00 for longs and 55.00 for shorts.
⚠️ Note: Watch for high volatility as $DASH consolidates after a parabolic move. Strong volume indicates potential for continuation, but manage risk carefully. Stay alert for breakouts or reversals.