$DASH USDT Testing 35.25 Breakout Level Momentum Building
DASHUSDT is currently trading around 35.17, pressing directly into the 24h high at 35.25. The 24h low sits at 33.07, showing a solid recovery structure from earlier weakness. On the 15m chart, price has formed a clear sequence of higher lows followed by a strong bullish expansion candle into resistance.
Technical Analysis
Key Support Levels:
34.60 minor intraday support
34.20 stronger structure support
33.00 – 33.10 major 24h demand
Key Resistance Levels:
35.25 immediate breakout level
36.00 psychological resistance
37.00 next supply zone if breakout confirms
Price structure is short-term bullish. The recent impulsive green candle suggests buyers are stepping in with strength. RSI on lower timeframes is likely approaching overbought territory, indicating strong momentum but also potential for short-term pullback. MACD would be in bullish crossover alignment given the expansion move.
Market Sentiment
Short-term sentiment is Bullish. Buyers have regained control and are challenging daily highs. However, 35.25 is a key level. A rejection here could trigger minor consolidation before continuation.
Strategy
Aggressive traders may consider breakout entries above 35.30 with confirmation and volume support, targeting 36.00. Conservative traders should wait for a clean close above 35.25 or a pullback toward 34.60 for better risk-to-reward.
Current recommendation: Trade only on confirmed breakout. Avoid chasing if price fails to hold above 35.25.
Do you see DASH pushing toward 36 next or rejecting back toward 34.60 first?
Not Financial Advice. Always manage risk wisely.
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