DASHUSDT Descending Channel Breakout Setup

1 045
DASH has been trading inside a clear descending channel for weeks, respecting both trendlines while forming a base near the lower range.
We’re now seeing a potential breakout attempt above the mid-range and dynamic resistance (moving averages + channel resistance). Volume profile shows strong acceptance around the current level, suggesting accumulation.

Key levels:

Support: $28–$30 (channel low)
Current pivot: ~$33–$34
Resistance / breakout zone: channel top
Upside target: $70–$80 range (value area high)

If price confirms a breakout and holds above the channel, this could trigger a strong move toward higher liquidity zones.

Invalidation remains below the channel support.

Cheers
Hexa
DASHUSDT DASH
Trade attivo
DASHUSDT price moved as we expected, 50%+ gain.
istantanea

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