📊
$DASH /USDT | 1H Explosive Move & Consolidation
DASH has delivered a massive +36% move, currently trading around $80.6 after printing a high near $89. Price is now cooling off and consolidating — a healthy pause after strong expansion.
🔍 Technical Insights:
Strong bullish structure with price above MA(7) & MA(25)
MA(99) near $52 confirms strong higher-timeframe trend support
Pullback from $89 looks like profit-taking, not distribution
Volume has normalized after the spike → market digestion phase
📌 Key Levels to Watch:
Resistance: $83 – $85
Major Resistance: $88 – $90
Support: $78 – $76
Strong Support: $72 – $70
📈 Bullish Scenario:
Holding above $78 and breaking $83–85 could open the door for a retest of $88–90 and possible continuation.
📉 Bearish Scenario:
Loss of $76 may trigger a deeper pullback toward $72–70 before the next move.
⚠️ Caution: After such a strong pump, volatility remains high. Scale positions and avoid chasing green candles.
💬 Are you expecting continuation or a deeper pullback before the next leg?
#DASH #DASHUSDT #Altcoins #Perpetuals #CryptoTA $DASH