$DASH
/USDT with three target levels and trade momentum:
Technical Analysis (TA) Summary:
Current Price: $49.68
24h High/Low: $49.68 / $36.92
Trend: Bullish (Price has seen a strong 23.58% increase over the last 24 hours).
Resistance: Around $50 (psychological resistance level), potentially testing a new high.
Support: Strong support near $44.57 and $36.92.
Trade Signals:
Buy Signal: Buy on breakout above $50 (bullish continuation). Watch for confirmation with increased volume.
Sell Signal: Sell if the price drops below $44.57 (retest of support, indicating weakness).
Hold/Wait Signal: If the price consolidates between $49-$50, consider holding until clearer breakout or pullback signals emerge.
Target Levels 🎯:
1. Target 1: $52.20 (Immediate resistance).
2. Target 2: $59.85 (Next major resistance).
3. Target 3: $65 (Potential long-term bullish target, depending on sustained momentum).
Momentum:
Positive: Momentum is bullish, driven by recent gains and high 24h volume, suggesting further upside potential.
Monitor: Watch for price action near $50 for a potential breakout or reversal signal.
This trade setup focuses on a continued uptrend but includes stops for risk management.
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