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Hxlaw
Hxlaw
$DASH The DASH/USDT pair on the 1-hour chart is showing a strong recovery signal after hitting the short-term bottom at 42.38. • Short-term trend: The price has just appeared large green-body candles (breaking from the 43.00 area), cutting above the short-term moving averages of MA5 (44.25) and MA10 (44.04). This is a quite positive bullish reversal signal in the short term. • Trading volume (Volume): Buying volume skyrocketed in the nearest green candles, confirming that the cash flow is returning to the bottom. • Imminent resistance: DASH is approaching the resistance area of MA30 (45,93) and further MA60 (47,47). The price needs to close definitively above the 46.00 mark to maintain the upward momentum. Suggested trading strategy • Buy point (Entry): Wait for the technical adjustment (retest) to the area of 44.50 - 45.00 (support area of MA20 and the top of the old candle cluster). • Take Profit (Take Profit): 47.40 (near MA60 line). • Stop Loss (Stop Loss): Below 43.80 (if the price breaks through the support area MA5/MA10).

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