DASH, this old coin, indeed makes people love and hate it at the same time. The recent three-day trend clearly illustrates the issue. From $88 all the way down to $68, a nearly 25% decline, which is quite nerve-wracking.
What does the technical analysis look like now? The RSI has already fallen to 33, indicating obvious overselling. The lower band of the Bollinger Bands has been completely broken through, and the entire technical chart looks disastrous. But here’s the interesting part — just when everyone is in despair, the MACD has quietly formed a golden cross, and the OBV has turned positive again. This is a signal that cannot be ignored.
My view is this: the $67 level is very critical. If it can hold, that would be the starting point of a rebound, possibly bouncing back to around $72 in the short term. But this could also be the last escape opportunity; once it breaks below, the next support is at $64, or even lower.
**Short-term trading ideas (1-3 days)** If the price surges up to the $72-$74 range and gets blocked, consider shorting with a target of $68. Set the stop-loss at $75.60, and pay attention to whether the trading volume supports this move.
**Mid-term operation plan (within 1 week)** If you prefer a more conservative approach, wait until the $67 level truly stabilizes before entering a small position. The first target is $70-$72, and the second target is up to $75. Place the stop-loss below $64.
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ser_ngmi
· 6h ago
This 67 yuan threshold really must be held firm; once it falls below, we're doomed.
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HalfPositionRunner
· 6h ago
If $67 doesn't break, I still have hope; if it breaks, I'll go all-in on a short position.
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BackrowObserver
· 6h ago
Can we get past this hurdle? It's really a watershed moment. If we break through, we have to accept defeat and retreat.
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NervousFingers
· 6h ago
Line 67 really has to be maintained, or else it's game over.
DASH, this old coin, indeed makes people love and hate it at the same time. The recent three-day trend clearly illustrates the issue. From $88 all the way down to $68, a nearly 25% decline, which is quite nerve-wracking.
What does the technical analysis look like now? The RSI has already fallen to 33, indicating obvious overselling. The lower band of the Bollinger Bands has been completely broken through, and the entire technical chart looks disastrous. But here’s the interesting part — just when everyone is in despair, the MACD has quietly formed a golden cross, and the OBV has turned positive again. This is a signal that cannot be ignored.
My view is this: the $67 level is very critical. If it can hold, that would be the starting point of a rebound, possibly bouncing back to around $72 in the short term. But this could also be the last escape opportunity; once it breaks below, the next support is at $64, or even lower.
**Short-term trading ideas (1-3 days)**
If the price surges up to the $72-$74 range and gets blocked, consider shorting with a target of $68. Set the stop-loss at $75.60, and pay attention to whether the trading volume supports this move.
**Mid-term operation plan (within 1 week)**
If you prefer a more conservative approach, wait until the $67 level truly stabilizes before entering a small position. The first target is $70-$72, and the second target is up to $75. Place the stop-loss below $64.