$DASH /USDT has shown strong upward momentum over the past 24 hours, with a significant price increase of +11.45%. The current price is $46.05.
* Trading Volume: The 24-hour trading volume for DASH is 432,012.72, indicating active trading interest.
Entry Signal:
* Entry Price: Consider entering a long position at the current price of $46.05.
* Stop Loss: Place a stop loss order below the recent swing low at $44.00 to mitigate potential downside risk.
Take Profit Targets:
* Target 1: $47.00 (immediate resistance level)
* Target 2: $48.00 (psychological level)
* Target 3: $50.00 (strong resistance level)
Caution:
* Volatility: The cryptocurrency market is highly volatile. Exercise caution and manage your risk appropriately.
* Market Sentiment: Pay attention to market sentiment and news events, as they can impact the price of DASH.
Trade with Discipline:
* Risk Management: Always use a stop-loss order to protect your investment.
* Position Sizing: Allocate a suitable portion of your portfolio to this trade.
* Diversification: Diversify your investments across multiple cryptocurrencies.
