$DASH — the new recovery attempt has cleared the first hurdle
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For $DASH , the new scenario after the previous one was canceled required a return above 51.1. The day closed higher, but the price is now back below that level. The first step has been taken, but its sustainability is already being tested by a pullback.
If $DASH returns above 51.1 and holds the area during a pullback, the weekly resistance at 58 will remain the target. A close below 51.1 will invalidate the breakout confirmation. The new recovery scenario is fully canceled on a daily close below 45.8.
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For $DASH , the new scenario after the previous one was canceled required a return above 51.1. The day closed higher, but the price is now back below that level. The first step has been taken, but its sustainability is already being tested by a pullback.
If $DASH returns above 51.1 and holds the area during a pullback, the weekly resistance at 58 will remain the target. A close below 51.1 will invalidate the breakout confirmation. The new recovery scenario is fully canceled on a daily close below 45.8.