Analyzing DASH/USD: Anticipating a ReversalHello Everyone,
It appears that DASH/USD is currently finding support just above the 1Y/1W Support zone. However, it's worth noting that we're currently below the 1Y/1M/1W/1D Pivot Points (PP), indicating the possibility of further downward movement before any significant upward momentum. While there's some anticipation of a bullish reversal, we require additional data to confirm this trend shift. As of now, the outlook remains bearish across various timeframes from 1 year to 1 day, and this bearish trend is expected to persist. To begin confirming a reversal, what's needed is a consistent and steady position above the 1D Pivot Point.
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