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I noticed that Dash is currently testing a critical support level after breaking out of the falling wedge pattern. Analyst Jonathan Carter points out that this second support test is very important to confirm the upcoming bullish move. The price is currently at $36.46, up 2.67% in the last 24 hours.
What’s interesting here is that Carter has identified several price targets if this level holds: $40, $75, $140, and even $250. Each target represents a significant jump from the current price, reflecting the analyst’s confidence in this breakout. Turning resistance into support is usually a strong indicator in technical analysis.
The key now is whether buyers will maintain this level. If support holds, the path toward those targets seems reasonable. But if the level fails, we might see more consolidation or further decline. It’s important to watch how Dash moves in the coming hours and days.