$DASH /USDT Technical Analysis:
Current Price: 46.00 USDT
Price Change (24h): +4.43%
24h High: 49.39 USDT
24h Low: 42.63 USDT
Volume: 588,923.68 DASH (27.09M USDT)
Technical Indicators:
RSI (Relative Strength Index): Neutral to slightly bullish, indicating momentum to the upside, but not overbought.
MACD (Moving Average Convergence Divergence): Showing a bullish crossover, suggesting further upward momentum.
Support: 42.63 USDT (previous low), with additional support around 43.39 USDT.
Resistance: 49.39 USDT (previous high), with additional resistance around 47.58 USDT.
Trade Signal:
Buy Signal: Enter around 46.00 USDT or a slight dip near 43.39-45.00 USDT.
Stop Loss: Set below 42.63 USDT to limit downside risk.
Target Levels:
1. First Target: 47.58 USDT (initial resistance level).
2. Second Target: 49.39 USDT (previous high).
3. Third Target: 52.00 USDT (next psychological level, if bullish momentum continues).
Momentum:
Bullish Momentum is present, but a break above 49.39 USDT could accelerate the uptrend towards 52.00 USDT. Monitor the volume for confirmation, as strong volume can push price further.
Trade Advice: Buy on dips towards support levels, with targets at resistance levels. If momentum weakens and price drops below 42.63 USDT, reconsider the bullish bias.
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