Noticed an interesting movement in Dash over the past few days. It seems the token broke through resistance and is now turning it into support — a classic pattern for a bullish impulse. This looks like a retest of the falling wedge pattern, which typically signals a trend reversal.



Currently, Dash is trading around $35.47, and if the support level holds, analysts see potential for growth up to $40, then $75, then $140 and even $250. It sounds ambitious, but such target levels are based on the structure of a falling wedge, which has historically often led to significant upward moves.

The key point is the second test of the support level. If buyers defend this zone and the falling wedge is confirmed, then the path to the target levels becomes likely. But if support doesn't hold, there could be consolidation or even a pullback. Everything depends on whether the bulls maintain control over the price in the coming days.

Personally, I am watching this support level — if it becomes a foothold, Dash could show an interesting rise. But as always, thorough research and risk management come first.
DASH-0.98%
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