$DASH

/USDT Technical Analysis & Trade Signal

Current Price: $23.75

Price Change: +9.50% (24h)

Technical Analysis:

Trend: Bullish momentum with an upward movement in the last 24 hours (+9.50%).

Support Levels:

Immediate Support: $20.91 (24h Low)

Key Support: $22.00 (recent price action)

Resistance Levels:

Immediate Resistance: $23.85 (24h High)

Key Resistance: $24.50 (possible breakout level)

Indicators:

RSI: Neutral (around 50-55), indicating balanced buying and selling pressure.

MACD: Bullish crossover, signaling a potential continued upward movement.

Volume: Increased trading volume (2.86M USDT in 24h), supporting the bullish trend.

Trade Signal:

Buy Signal: Above $23.75 with bullish confirmation.

Sell Signal: Break below $20.91 with a potential downside to $20.00.

Target Levels 🎯:

First Target: $24.50 (possible breakout area)

Second Target: $25.00 (psychological resistance)

Third Target: $26.00 (higher upside potential if momentum holds)

Trade Momentum:

The market shows strong bullish momentum, supported by higher trading volumes and a positive MACD crossover. This suggests that the price is likely to continue its upward trend toward the $24.50 and $25.00 targets. Watch for confirmation on breaking $23.85 for continued buying pressure.

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