š $DASH /USDT - Short-Term Buy Signal! š
Based on the 1-hour chart, $DASH is showing potential for a short-term rebound. The current price action is hovering just below the MA(7) at $68.00 and significantly below the MA(25) and MA(99), suggesting the recent downward pressure might be stabilizing.
A strong green candle pushing above the short-term MA could signal a quick reversal.
šÆ Trade Setup (1h Chart)
* Bias: Neutral-to-Bullish (Short-Term Reversal)
* Entry: Aggressive buy zone around the current price $68.24 or wait for a confirmed break above the MA(7).
* Confirmation Entry: Buy on a confirmed close above $68.50.
š° Targets DASH
* Target 1 (T1): $69.50 (Psychological resistance)
* Target 2 (T2): $70.20 (Recent swing high)
* Target 3 (T3): $72.48 (Previous local resistance)
š Stop Loss DASH
* Stop Loss (SL): Place a tight stop-loss below the recent 24h low to manage risk: $63.00
Risk Management Note: This is an aggressive entry targeting a short-term bounce against a prevailing downward trend (as indicated by the falling MAs). Always use appropriate risk management and do your own research.
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