๐Ÿ“‰ DASH/USDT Weekly Update (Binance)

๐Ÿ”น Current Price: ~$19.90

๐Ÿ”ป Weekly Change: โˆ’1.0%

๐Ÿ“… Date: July 5, 2025



๐Ÿ” 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.



๐Ÿ“Š Technical Analysis


Trend: Still locked in a long-term descending wedge




Support: $18.00




Resistance: $21.80




RSI: Neutral (48โ€“52 zone)




MAs: 50-day and 200-day MAs acting as resistance overhead




๐Ÿ’ก Bullish Trigger: A clean breakout above $22 could lead to targets at $35 โ†’ $54 โ†’ $70.

โš ๏ธ Bearish Risk: A breakdown under $18 may expose DASH to $15 or lower.



๐Ÿ”ง Trade Ideas


Scalp Long: $19โ€“20 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





๐Ÿง  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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