đ„ $DASH /USDT â Bulls Attempt Recovery After Heavy Sell-Off âĄ
$DASH is showing early signs of stabilization after a strong bearish move from the $66.40 high, with price dropping toward the $49.66 support zone before bouncing back to $51.44. The 1H chart highlights a critical demand area where buyers are trying to regain control, but momentum remains cautious. A strong reclaim above $52.51â$56.19 resistance could open the way for a recovery toward higher levels, while losing the $49.66 support may bring further downside pressure. Traders should watch for liquidity sweep, bullish reversal patterns, BOS (Break of Structure), and volume confirmation before entering.
đ Trade Setup (Potential Bounce Play):
đą Entry Zone: $50.00 â $51.50
đŻ TP1: $52.51
đŻ TP2: $56.19
đŻ TP3: $59.87
đ Stop Loss: Below $49.00
⥠Key Levels To Watch:
Support: $49.66 â $48.82
Resistance: $52.51 / $56.19
DASH is trading at a major reaction zone after a prolonged decline. If buyers successfully defend support and volume returns, a relief rally could develop; however, a breakdown below $49.66 may continue bearish momentum. Wait for confirmation before executing any trade. đ
#DASH
$DASH is showing early signs of stabilization after a strong bearish move from the $66.40 high, with price dropping toward the $49.66 support zone before bouncing back to $51.44. The 1H chart highlights a critical demand area where buyers are trying to regain control, but momentum remains cautious. A strong reclaim above $52.51â$56.19 resistance could open the way for a recovery toward higher levels, while losing the $49.66 support may bring further downside pressure. Traders should watch for liquidity sweep, bullish reversal patterns, BOS (Break of Structure), and volume confirmation before entering.
đ Trade Setup (Potential Bounce Play):
đą Entry Zone: $50.00 â $51.50
đŻ TP1: $52.51
đŻ TP2: $56.19
đŻ TP3: $59.87
đ Stop Loss: Below $49.00
⥠Key Levels To Watch:
Support: $49.66 â $48.82
Resistance: $52.51 / $56.19
DASH is trading at a major reaction zone after a prolonged decline. If buyers successfully defend support and volume returns, a relief rally could develop; however, a breakdown below $49.66 may continue bearish momentum. Wait for confirmation before executing any trade. đ
#DASH
