$DASH long setup: support at 49.42–49.54 on the 4H
Buyers need to defend this zone. A strong reaction here could signal a bounce, while losing it means reevaluation.
Why it's on my radar:
- 4H price at 49.5 is below EMA50 at 50.8, making this a critical bounce attempt.
- Daily is above EMA200 at 44.8, supporting a bullish outlook.
- Risk 1.4% to SL vs 2.2% to TP3, offering a favorable risk-to-reward ratio.
🟢 LONG · Entry 49.42–49.54 · TP 49.89 / 50.16 / 50.57 · SL 48.80
Will buyers step in here or break lower?
NFA · DYOR
Buyers need to defend this zone. A strong reaction here could signal a bounce, while losing it means reevaluation.
Why it's on my radar:
- 4H price at 49.5 is below EMA50 at 50.8, making this a critical bounce attempt.
- Daily is above EMA200 at 44.8, supporting a bullish outlook.
- Risk 1.4% to SL vs 2.2% to TP3, offering a favorable risk-to-reward ratio.
🟢 LONG · Entry 49.42–49.54 · TP 49.89 / 50.16 / 50.57 · SL 48.80
Will buyers step in here or break lower?
NFA · DYOR