$DASH USDT Market Update 📉
Dash is currently trading at 40.66 USDT, showing weak bearish continuation after failing to hold above key resistance levels. Price remains below MA(25) and MA(99), which signals ongoing downside pressure in the short to mid term.
Entry Zone:
40.20 – 41.00
Targets:
TP1: 39.10
TP2: 37.50
TP3: 35.80
Stop-Loss:
43.80
Technical Analysis:
Price is trading below MA(25) and MA(99), confirming bearish market structure. Although MA(7) is close to the current price, it has not provided strong support. Volume has decreased compared to earlier spikes, suggesting lack of strong buying interest. Major resistance lies near 42.0 – 44.5, while a breakdown below 39.0 could accelerate further downside.
