Dash: Assessing a Potential Trend Reversal

The extended downtrend in Dash appears to be losing strength, and the recent price action shows signs of a potential shift toward a bullish structure. The current upward movement may represent the early phase of a broader trend reversal — although it is equally possible that this is only a corrective advance before another leg down.

At this stage, Dash is technically positioned for continuation to the upside, but the overall structure still leaves open the question:
Has the downtrend truly ended, or will Dash revisit new lows after the expected upward move completes?

For now, I am leaning toward a short-term bullish scenario, with the following upside levels in focus:
• Target 1: 51.20
• Target 2: 53.00
• Target 3: 56.00

The invalidation level remains at 47.86 — a break below this support would indicate a failure of the emerging bullish structure and potentially open the path for a deeper continuation of the prior downtrend.

Until then, Dash maintains a constructive setup, but with important uncertainty about the long-term trend direction.