⚠️ Market Alert for $DASH Traders! ⚠️
A long liquidation of $8,250.10 has just occurred at $42.45, signaling a big shakeout of leveraged buyers! This liquidation could spark high volatility, offering both risks and opportunities. Get ready to make your move!
What’s Next for $DASH?
The liquidation points to weak bullish momentum, but such moves often set the stage for a rebound from support zones or further downside if sellers stay in control. Let’s break down the strategy:
🔍 Key Trading Levels for $DASH
1️⃣ Buy Zone:
Look for a strong support zone at $40.50 - $41.50. This range could act as a springboard for buyers to regain control.
2️⃣ Target Levels:
Short-term Target: $44.00
Medium-term Target: $46.20
Long-term Target: $48.50
3️⃣ Stop Loss:
To protect your position, place a strict stop loss at $39.80. A drop below this level could trigger further bearish momentum.
Keep an eye on BTC’s movement, as it could influence $DASH’s price action.
Use a small position size if volatility remains high to minimize risks.
📊 Scenario to Watch:
If $DASH reclaims $43.50, it could signal the start of a bullish recovery. However, if it fails to hold support around $41.00, expect more downside pressure.
🚀 The clock is ticking! Will $DASH bounce back or drop further? Stay focused, trade smart, and seize the opportunities!
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