DASH Bullish Momentum Strengthens with Order Block Retest at $47.29

$DASH retraced into a strong order block near $44–$45, confirming buyer control and signaling smart money accumulation for trend continuation.

Technical indicators show bullish momentum with ascending trendline support, Stoch RSI crossover, and rising directional strength confirming upward movement.

Next target for $DASH aligns with $61 liquidity zone, with volume and market structure supporting continuation of the bullish trend.

$DASH is currently showing a clean bullish structure on the 4-hour chart, with higher highs and higher lows. Price recently retraced into a strong order block, signaling potential continuation for upward momentum. Market activity indicates that buyers are actively defending key support levels.

Order Block Retest Confirms Buyer Control

$DASH recently retested a critical demand zone between $44 and $45, forming a strong order block reaction. The retracement into this area coincided with a liquidity sweep, which cleared stop orders below recent lows. This type of price movement often signals that institutional participants are entering positions.

The current entry near $47.29 suggests buyers remain in control of price action. Traders observing this setup may consider the stop loss at $38.08 to protect against unfavorable retracements. Price remaining above the reclaimed order block strengthens the technical validity of the bullish structure.

Crypto Patel noted, “$DASH setup looks clean! OB tapped, liquidity grabbed, next stop? Entry: $47.29 | SL: $38.08 | TP: $61.48.” This observation reflects a standard smart money approach, where demand zones guide potential trend continuation.

Indicators Support Upward Momentum

Technical indicators are displaying that $DASH is trading above a strongly established ascending trendline that is confirming sustained bullish momentum. Volume patterns are indicating accumulation, as we are seeing green candles appearing on up moves around the $46–$47 area. This is signaling a resumption of buying interest at potentially key levels.

The Stochastic RSI is displaying a bullish crossover from the oversold area, and is now reading K 45.38 vs D 33.78. The current projection would indicate a continuation of positive momentum, especially in conjunction with support levels. Momentum is continuing to stay positive, while there are not yet overstretched conditions, indicating there is further to go.

Source: TradingView

Directional Movement Index readings reinforce the trend. The +DI (25.75) has crossed above –DI (14.68), while ADX stabilizes above 25. This combination signals that bullish strength is regaining dominance, with trend development continuing along the ascending support line.

Price Targets and Trend Outlook

Price action suggests $DASH could test resistance zones near $52–$55 before reaching the next liquidity draw around $61.48. Previous highs align with this level, indicating potential areas for profit-taking. Traders tracking order block reactions may use this information to gauge trend continuation.

Current structure, combined with a liquidity sweep, suggests smart money is preparing for a higher trend continuation. The market has maintained higher lows, preserving bullish technical patterns. Strong reactions at the reclaimed order block reinforce the potential for upward movement.

Volume trends and technical readings indicate accumulation around key support. Price above $47.29 maintains a positive bias, suggesting the trend may persist toward the projected liquidity zone. The setup demonstrates disciplined entry and risk management principles for $DASH participants.

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