$DASH is trading at $51.06, up 1.55%, after pulling back from the recent high of $53.96.
* Trend: Short-term bearish correction, with a small rebound attempt.
* Support: $50.20–$50.50, then $49.80.
* Resistance: $51.15–$51.70, then $52.18.
* Moving averages: Price is near MA(7) at $51.14 and below MA(25) at $51.67. MA(99) is around $49.94.
* What to watch: A move above $51.70 with stronger volume could signal recovery. A break below $50.20 could bring further downside pressure.
$DASH
is attempting a recovery after pulling back from $53.96. Price is hovering around $51.06, while resistance near $51.70 remains an important level to watch.
A confirmed breakout could improve the short-term outlook, while a rejection may lead to another test of support.
What do you think — will DASH recover or continue consolidating?
#DASH #CryptoAnalysis #BinanceSquare #Altcoins
* Trend: Short-term bearish correction, with a small rebound attempt.
* Support: $50.20–$50.50, then $49.80.
* Resistance: $51.15–$51.70, then $52.18.
* Moving averages: Price is near MA(7) at $51.14 and below MA(25) at $51.67. MA(99) is around $49.94.
* What to watch: A move above $51.70 with stronger volume could signal recovery. A break below $50.20 could bring further downside pressure.
$DASH
is attempting a recovery after pulling back from $53.96. Price is hovering around $51.06, while resistance near $51.70 remains an important level to watch.
A confirmed breakout could improve the short-term outlook, while a rejection may lead to another test of support.
What do you think — will DASH recover or continue consolidating?
#DASH #CryptoAnalysis #BinanceSquare #Altcoins