Trading Signals for $DASH
Action: Long/Buy
Entry Range: $47.50 - $48.10
SL: $46.20
TP: $50.00 - $52.00
Dash has recently formed a consolidation pattern between $39.78 and $48.95 over the past 24 hours. The price is currently testing the upper end of this range, and a breakout above $48.10 could signal the continuation of upward momentum. The recent strong volume (51.91%) suggests the potential for a quick move upward.
For scalping, a long position can be taken at the entry range of $47.50 - $48.10, with a stop-loss placed just below $46.20 to protect against any downside risk. If the price breaks the resistance at $48.95, expect the price to push toward $50.00 - $52.00.
If the price fails to break above $48.10, consider switching to a short position with a new entry at $47.30, setting a stop-loss at $48.50 and targeting the $44.50 - $43.50 range.
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🚨Note: Trade at your own risk. DYOR.
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