Dash's recent market movement is quite interesting. The 1-hour timeframe broke below the ascending channel directly, with no signs of a rebound, and has been declining all the way down. The key now is whether the support below can hold— the 68 to 72 range is a relatively important consolidation zone. If it can hold here, there might be a rebound opportunity; if it breaks below, we will need to look at lower support levels. For friends engaging in short-term trading, this range is a noteworthy area to watch.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
Gm_Gn_Merchantvip
· 9h ago
The 68-72 level really needs to be held, otherwise we’ll have to keep exploring further down. No rebound after breaking below the upward channel? That’s pretty harsh. Watch to see if the support can hold. This position is indeed critical in the short term, but it still depends on how the subsequent movement unfolds.
View OriginalReply0
BlockImpostervip
· 9h ago
Holding the critical positions at 68-72 is really essential; otherwise, we have to keep pushing. This wave of DASH is indeed quite aggressive.
View OriginalReply0
GweiObservervip
· 9h ago
Can 68-72 really hold? It feels like there's not much support now.
View OriginalReply0
AlgoAlchemistvip
· 9h ago
If 68-72 can't hold, you'll have to keep taking the hits. There's really no sign of a bottoming out in this wave.
View OriginalReply0
PumpingCroissantvip
· 10h ago
68-72 really are the key points; once broken, you have to admit defeat.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)