๐ DASH/USDT Weekly Update (Binance)
๐น Current Price: ~$19.90
๐ป Weekly Change: โ1.0%
๐
Date: July 5, 2025
๐ Price Overview
DASH has been trading sideways this week within a tight range of $19.69โ$20.25, signaling low volatility and continued consolidation. Momentum remains weak as DASH stays near multi-week lows.
๐ Technical Analysis
Trend: Still locked in a long-term descending wedge
Support: $18.00
Resistance: $21.80
RSI: Neutral (48โ52 zone)
MAs: 50-day and 200-day MAs acting as resistance overhead
๐ก Bullish Trigger: A clean breakout above $22 could lead to targets at $35 โ $54 โ $70.
โ ๏ธ Bearish Risk: A breakdown under $18 may expose DASH to $15 or lower.
๐ง Trade Ideas
Scalp Long: $19โ20 entry โ Target $22 โ SL $18
Breakout Trade: Buy on $22+ confirmation โ Target $35
Short Setup: Sell below $18 โ Target $15 โ SL $19
๐ง Summary
DASH remains in accumulation, but momentum is fading. Watch for volatility to pick up near the wedge edge. A breakout or breakdown is approaching. Caution is key โ let the price confirm direction.
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