DASH 6H – Pullback Into Trendline & Key Support

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DASH 6H – Pullback Into Trendline & Key SupportDash / TetherUSBINANCE:DASHUSDTBKVIPDASH on the 6H timeframe is currently trading around 38.37 after a second spike from the rising trendline that pushed price to a high near 54.00 before a sharp sell-off brought it back down toward the macro support zone. Price is now sitting at the confluence of the rising trendline from the April lows, now approaching 36.00–37.00, and the horizontal support zone near 38.00–39.00 that has acted as a pivot level multiple times throughout this chart. The rising trendline has now produced two significant spikes from its support and remains the key structural floor of this entire move. Key Levels To Watch 58.00 → All-time high on this chart, major resistance 54.00 → Second spike high, key resistance above 50.00–52.00 → Prior spike consolidation zone, resistance 42.00–44.00 → Prior support zone, now resistance above 38.00–39.00 → Horizontal support, current test 36.00–37.00 → Rising trendline support (dynamic, climbing) Below 29.00 → Full structure breakdown The rising trendline has been the defining structural feature of this chart, launching two significant spikes and holding as the floor on every pullback. Price is now approaching this level for the third time. A hold at the trendline and horizontal support confluence near 36.00–39.00 would keep the structure intact and set up a potential third move toward 44.00–50.00 and above. A breakdown below the trendline near 36.00 and loss of the 38.00 horizontal support would be the first real structural failure and open room toward 33.00–34.00 and below. This is the third test of the rising trendline. Hold 36.00–39.00 → third bounce possible, eyes on 44.00–50.00. Lose 36.00 trendline → structure fails, deeper pullback toward 33.00. Structure bullish above rising trendline. Bias shifts only on confirmed trendline breakdown.