Dash / TetherUS
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#DASHUSDT – Bullish Breakout Setup | 1H Chart Analys

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#DASH

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.

The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.

A key support zone (in green) was found at 31.00, and the price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.

Entry Price: 35.50
First Target: 36.42
Second Target: 37.55
Third Target: 38.86

You can close at the second target or wait for the third target to be reached. The choice is yours.
Stop Loss: At the resistance zone (in green).

Remember this simple rule: Money Management.

Any questions? Please leave a comment.

Thank you.
Сделка закрыта: достигнута тейк-профит цена
снимок

#DASH
First Target: 36.42 Reached
Second Target: 37.55 Reached
Third Target: 38.86 Reached

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