$DASH
/USDT Strong Bullish Momentum Confirm Update Alert 💯 💥 📈
Current Price: $45.27 (+2.42%)
24h High: $46.00
24h Low: $36.35
24h Volume:
DASH: 468,356.37
USDT: $19.27 million
Technical Analysis (30m Chart)
1. Trend: Strong bullish movement (+24.44% in 24h), continuing upward momentum.
2. Support Levels:
S1: $43.00 (near recent consolidation).
S2: $40.50 (psychological support).
3. Resistance Levels:
R1: $46.00 (24h high).
R2: $48.00 (next resistance zone).
4. Indicators:
EMA 20: $43.50 (acting as immediate support).
RSI: 72 (overbought, potential for short-term pullback).
MACD: Strong bullish momentum, indicating a continued uptrend but nearing overbought conditions.
🎯 Trade Strategy
Long Setup (Bullish)
Entry:
Conservative: $43.50 (pullback near EMA 20).
Aggressive: $45.50 (on breakout above R1).
Stop Loss:
Conservative: $42.50 (below EMA 20).
Aggressive: $44.00 (tight stop below support).
Targets:
1. T1: $46.50 (near R1).
2. T2: $48.00 (next resistance).
3. T3: $50.00 (psychological resistance).
Short Setup (Bearish)
Entry: $46.00 rejection (if price fails to break above R1).
Stop Loss: $47.00 (above resistance).
Targets:
1. $44.00 (support zone).
2. $42.50 (near EMA 20).
Trade Tips
Volume Confirmation: Watch for increasing volume above $45.50 to confirm bullish breakout.
Risk-to-Reward: Aim for R:R = 1:2 or better.
Momentum Watching: If RSI stays above 70, consider a short-term pullback for re-entry.
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