$DASH /USDT Technical Analysis & Trade Signal
Current Price: $45.62 (+3.78%)
Trend: Neutral to Bullish
Key Support and Resistance Levels:
Support Level 1: $43.60
Support Level 2: $44.80
Resistance Level 1: $49.39 (24h High)
Resistance Level 2: $46.14 (Binance Price)
Trade Momentum:
The price has recently shown a positive momentum, with a +3.78% increase over the last 24 hours, suggesting upward movement. The volume is also strong, indicating continued interest in the asset.
Trade Signal:
Bullish Entry: If the price holds above $45.62, consider entering a buy position.
Target Levels:
1. Target 1: $47.00
2. Target 2: $48.50
3. Target 3: $49.00 (near the 24h high)
Stop Loss: Below $43.60 (support level)
Momentum Indicators:
RSI is approaching overbought territory, suggesting that a pullback could occur. However, the overall trend remains bullish for now. A potential risk lies in hitting resistance at $49.39, so monitor the price action closely for any signs of reversal.
Recommendation: Consider a buy position near the current level ($45.62), with a stop loss at $43.60 and take profit at $47.00, $48.50, and $49.00.
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