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DASH Nears Critical Breakout as Falling Wedge Pattern Signals Potential Reversal

DASH Nears Critical Breakout as Falling Wedge Pattern Signals Potential Reversal

Author:

Global Cryptocurrency

Published:

2026-01-28 05:34:08

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[TRADE_PLUGIN]DASHUSDT,DASHUSDT[/TRADE_PLUGIN] DASH News -

Dash (DASH) is approaching a critical technical juncture, testing the upper boundary of a falling wedge formation on its 4-hour chart. The pattern, characterized by contracting volatility and lower highs, often precedes trend reversals. A confirmed breakout could propel prices toward the $90-$100 range—a 60-70% rally from current levels.

Analyst Clifton Fx notes this zone aligns with historical resistance and psychological barriers, making it a likely profit-taking area. Momentum indicators suggest early stabilization, though failure to breach resistance may invite renewed downside pressure.

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