🚨 $DASH /USDT ALERT: Breaking Out Towards New Highs! 🚨
$DASH is trading at $53.01, gaining an impressive +25.23% in the past 24 hours. The price recently touched a high of $58.80, signaling strong bullish momentum. The current trend suggests DASH is primed for more significant moves.
🔑 Key Levels to Watch:
Resistance Targets:
1. $55.00 – The immediate resistance level. A breakout here could push DASH toward the next targets.
2. $58.80 – Recent high and a key level for a sustained upward move.
3. $65.00 – A major resistance where profit-taking may occur, marking a crucial target for bulls.
Support Levels:
$50.00 – A vital support zone. Holding above this level will maintain bullish momentum.
$41.90 – Strong support, protecting against deeper retracements.
📈 Trade Setup:
Long Entry: Around $53.00–$55.00, with targets at $55.00, $58.80, and $65.00.
Stop Loss: Below $50.00 to minimize downside risk.
⚠️ Caution:
Momentum is strong, but watch for rejections near $58.80. Volume spikes indicate high interest, but volatility may persist. Use tight risk management to navigate potential pullbacks.