DASHUSDT Start of a Massive Rally?

DASH has been trading inside a multi-year descending channel since early 2021. After several rejections from the upper boundary, the price has finally shown a strong breakout with a massive weekly candle, signaling potential trend reversal.

Key Points:

- Price has clearly broken out from the upper trendline of the descending channel.
- Strong buying volume supports the breakout confirmation.
- Historical volume profile shows a major liquidity gap above $70, suggesting room for a fast move once the price holds above the breakout zone.

🔷 Entry Zone: Below $70

🔷 Stop Loss: Below $38

🔷 Target: $400–470 (long-term potential)

Conclusion:
A confirmed breakout from a long-term descending channel could mark the beginning of a major uptrend for DASH. Sustained momentum above $70 may attract more volume and push the pair toward higher resistance zones.

Cheers
Hexa