đš DASHUSDT 4H Market Update
DASH is showing a solid recovery after weeks of downside pressure đ and is now testing the key 39 resistance zone.
On the technical side, short-term structure has turned bullish â
âą MA7 / MA14 / MA21 forming a golden cross
âą Price holding above MA55
âą Momentum building steadily
However⊠caution is still needed â ïž
Stochastic RSI on the 4H timeframe is already in overbought territory đ„. This often leads to consolidation or a short pullback before the next expansion move.
đ Open Interest is slowly rising again, which means new positions are entering the market. The key question is: are they strong hands building momentum â or late entries chasing price?
đŻ Scenarios Iâm watching:
đ Bullish Case:
A clean break and hold above 39 with rising OI + strong volume â potential move toward 41â42.
đ Bearish Case:
Rejection at resistance â likely pullback to the 36 support zone before another attempt.
I donât chase green candles. Discipline > Emotion.
The market always offers opportunities â capital preservation comes first đĄ
Whatâs your take? Breakout continuation or fake move? đ
