The extended downtrend in Dash appears to be losing strength, and the recent price action shows signs of a potential shift toward a bullish structure. The current upward movement may represent the early phase of a broader trend reversal — although it is equally possible that this is only a corrective advance before another leg down.
At this stage, Dash is technically positioned for continuation to the upside, but the overall structure still leaves open the question:
Has the downtrend truly ended, or will Dash revisit new lows after the expected upward move completes?
For now, I am leaning toward a short-term bullish scenario, with the following upside levels in focus:
• Target 1: 51.20
• Target 2: 53.00
• Target 3: 56.00
The invalidation level remains at 47.86 — a break below this support would indicate a failure of the emerging bullish structure and potentially open the path for a deeper continuation of the prior downtrend.
Until then, Dash maintains a constructive setup, but with important uncertainty about the long-term trend direction.
At this stage, Dash is technically positioned for continuation to the upside, but the overall structure still leaves open the question:
Has the downtrend truly ended, or will Dash revisit new lows after the expected upward move completes?
For now, I am leaning toward a short-term bullish scenario, with the following upside levels in focus:
• Target 1: 51.20
• Target 2: 53.00
• Target 3: 56.00
The invalidation level remains at 47.86 — a break below this support would indicate a failure of the emerging bullish structure and potentially open the path for a deeper continuation of the prior downtrend.
Until then, Dash maintains a constructive setup, but with important uncertainty about the long-term trend direction.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.