DASH Technical Analysis
DASH breaks above a descending trend line, indicating a likely upward move. Now, DASH is near an important resistance zone (Green) at $24.91 – $25.17. If it breaks out from this zone and maintains its momentum, we could see the price to the next resistance zone (Blue) at $29.89 – $30.44.
The market sentiment is positive because DASH has maintained its momentum and hasn’t made new lows. However, if DASH faces strong resistance at the Green Zone and starts to lose momentum, we should look for a bounce back from the $23.30 support level before making bullish trades.
Remember to aim for consistency and approach the market with a business mindset, not as a gambler.