Current price $DASH — $24.15, growth in 24 hours +6.4%! 🚀 The market is coming alive, but what's next? Let's analyze the prospects of DASH based on technical analysis.
Bullish scenario: $DASH tests the zone $24–$25. A breakout above $25.20 (MA200) confirms an uptrend. RSI (43.73) is neutral, but a rise above 50 and a MACD crossover of the signal line will strengthen bullish momentum. Entry point: $25.50 (after breakout). TP: $28, $30, $32. SL: $23.80. Growth potential up to $42.08 by mid-2025 (Coin Price Forecast).
Bearish scenario: A rejection from $25.20 or a breakout below support at $23.45 signals a correction. The price may drop to $20.99 or the lower boundary of the channel ($18.9). Entry point: $23 (on rebound). TP: $21.50, $20. SL: $25.50. The downward channel remains if RSI falls below 40.
Trading plan: Use stop-losses for futures, analyze trading volumes. DASH is sensitive to news and overall market dynamics. Keep an eye on BTC and regulations!
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