Cryptocurrency Dash (DASH) is pushing strongly higher, with room for further upside as the 4-hour chart shows a clean five-wave impulse. Despite the current slowdown, the price action could represent an ABC corrective setback, potentially revisiting the 47–36 support zone before the bullish trend resumes.
Following the impulsive decline into wave A and a projected corrective recovery within wave B, DASH may now be completing a five-wave impulse within wave C. The first support area to watch is 47–42, where the current decline could find a bottom. To confirm that support is in place, we would like to see a sharp rebound or an impulsive recovery toward the 60 area.
If the correction extends deeper, the next support zone is at 40–36. Once the ABC correction fully completes, potentially in its final stages, we will look for a bullish continuation.
However, bulls would regain stronger control only above the 70 area, which remains the key level to watch for further upside confirmation.
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