DASH Shatters Long-Term Downtrend, Bulls Target $175 as Next Milestone
DASH has decisively broken a prolonged bearish trend, signaling a strong bullish reversal on its daily chart. The breakout above key historical resistance levels indicates a potential structural shift, with momentum indicators supporting further upside. While overbought conditions suggest near-term consolidation may occur, the token maintains critical support at $60.66—a level that now serves as the foundation for the bullish case.
Technical targets are crystallizing at $126.04 and $175.95, derived from historical resistance zones. The weekly RSI reading of 67.89 underscores sustained buying pressure without entering overbought territory—a historical precursor to extended rallies. Market participants are awaiting confirmation above the $93-$95 resistance band to validate the path toward these higher targets.
