#DASHUSDT – Bullish Breakout Setup | 1H Chart Analys

#DASH The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and is poised for a rebound, suggesting a potential upward move upon retesting this level. The Relative Strength Index (RSI) indicates a bearish trend, yet a bullish breakout is likely given that the price has reached “oversold” levels on the 1-hour chart. An orange trendline supports the likelihood of a bullish rebound.