🤐 $DASH
DASH
34.6
-0.54%
Post
BlockchainBaller
·
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As I told you before 40 minutes ...$DASH moving perfectly .....
I know many of you are getting more worried now seeing $DASH around the $74 area, so let me explain what’s happening without panic.....
After rejecting from the $95–100 supply zone, price has continued its correction, which is normal after such a strong vertical move.
The $73–75 zone is now the most important support. This area aligns with the previous consolidation and breakout region. If DASH holds here, this pullback remains a healthy retracement within a bullish structure, not a breakdown.
If this zone fails to hold, the next strong support sits around $68–70. That level is a major demand area from the earlier leg up and is where buyers are likely to step in more aggressively if fear increases.
On the upside, $80–82 is the first resistance. Reclaiming this range would show that sellers are losing control. Above that, $88–92 remains the heavy resistance zone before any attempt toward previous highs.
Overall, the higher-timeframe trend is still bullish, but DASH is clearly in a deeper correction phase now. As long as price stabilizes above key supports, this move is still a reset after a big rally not the end of the trend.
I know many of you are getting more worried now seeing $DASH around the $74 area, so let me explain what’s happening without panic.....
After rejecting from the $95–100 supply zone, price has continued its correction, which is normal after such a strong vertical move.
The $73–75 zone is now the most important support. This area aligns with the previous consolidation and breakout region. If DASH holds here, this pullback remains a healthy retracement within a bullish structure, not a breakdown.
If this zone fails to hold, the next strong support sits around $68–70. That level is a major demand area from the earlier leg up and is where buyers are likely to step in more aggressively if fear increases.
On the upside, $80–82 is the first resistance. Reclaiming this range would show that sellers are losing control. Above that, $88–92 remains the heavy resistance zone before any attempt toward previous highs.
Overall, the higher-timeframe trend is still bullish, but DASH is clearly in a deeper correction phase now. As long as price stabilizes above key supports, this move is still a reset after a big rally not the end of the trend.
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