MyCryptoParadise_Simon

DASH/USDT upward momentum?? πŸ‘€ πŸš€ DASH Today Analysis

Long
BINANCE:DASHUSDT   Dash / TetherUS
πŸ’Ž Paradisers, take note! DASHUSDT is presenting an exciting opportunity as it seems to be gearing up for a bullish move, maintaining key support.

πŸ’Ž For the past few weeks, DASH has been trading within a confined range and is now on the brink of breaking out of a strong descending trendline that has been acting as resistance. Above, there is a clear supply zone and imbalance. It's highly probable that the price will mitigate that level shortly.

πŸ’Ž However, there’s another scenario to consider. If the price breaks below the support, a significant downward move is expected. In the case of a downward continuation, plan your short entry wisely, keeping a 1.75% stop loss in both scenarios.

πŸ’Ž In the dynamic world of crypto, staying informed and adaptable is key. Stay vigilant and trade smartly!

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