The bullish side of the Dash 2 Trade market continues to face significant bearish pressure. In the last analysis, it was speculated that the bulls might find strength at the $0.0026 price level. Although the price bounced as predicted, the bulls were unable to push the price beyond the $0.0027 level. Initially, this led to a stalemate, but the bears eventually gained the upper hand, causing the price to fall back to $0.0026.
Key Levels to Watch:
- Resistance: $0.015, $0.016, and $0.017
- Support: $0.0020, $0.0018, and $0.0017
Dash 2 Trade (D2T/USD) Price Analysis: The Indicators’ Point of View
The bullish stronghold at the $0.0026 price level failed to withstand the bear market’s momentum, leading to a break below this critical level. Currently, a support level is emerging at $0.0025, providing a hedge against the strong Dash 2 Trade bearish trend. The $0.0026 price level, which previously served as support, has now become a resistance level. However, the bulls remain resilient at the $0.0025 level and are testing the $0.0026 resistance.
D2T/USD Short-Term Outlook: 1-Hour Chart
The resilience of the bulls in this market has caused it to begin ranging sideways. This may be the next phase for the Dash 2 Trade market before a potential bounce. Traders should pay attention to the $0.0025 price level, as bearish pressure was rejected at this level during the last one-hour trading session. If the price touches this level again, it may bounce once more.
Buy D2T/USD!
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