$DASH
/USDT Technical Analysis and Trade Signals 🚀 🎯
Current Price: $52.66
Bollinger Bands: Price is near the upper band (55.97), suggesting possible overbought conditions. The middle band at 48.85 provides support.
SAR: 54.76, confirming an uptrend but indicating the price is currently above it.
MACD: Bullish, supporting continued upward momentum.
Trade Signal:
Buy: Above $52.66, especially if there’s a retracement to the middle Bollinger Band or SAR level (54.76).
Sell/Take Profit: Near $55.00 (24h high) or if the price moves back below the SAR level.
Stop Loss: Below $48.85 (middle band), or closer to $41.74 (lower Bollinger Band) for a deeper pullback.
Target Levels:
Target 1: $55.00 (24h High)
Target 2: $58.50 (next potential resistance)
Target 3: $62.00 (based on previous price action)
Trade Momentum: Bullish momentum is strong with increasing volume and a dominant bid side. However, price action near resistance ($55.00) may slow the momentum, so watch for signs of a breakout or pullback.