🚨 Technical analysis of $DASH currency | Daily frame

🔸 The price is moving within a downward trend in the medium term after failing to maintain the previous upward wave, with selling pressure gradually returning.

🔸 The area 42 – 44$ represents an important current support level, and the price is trading close to it, and we may witness a slight technical rebound as long as it is not broken with a clear daily close.

🔸 If this area is broken, the decline may extend towards deeper demand areas near 36 – 34$ where previous buying concentration appears.

🔸 On the upside, the area 58 – 62$ remains the first main resistance, followed by a stronger supply area between $75 – $80, and any upward movement towards these levels is considered corrective unless it is breached and sustained above.

🔸 The RSI indicator is moving below the neutral level of 50, reflecting weakness in buying momentum and continued caution in the current movement.

❗️This is a technical analysis and not an investment advice