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DASH Falls 13% in 24 Hours, Approaching Critical $29.63 Support as Bears Gain Control

Price Volatility Market Analysis

2026-06-06 06:26:45

DASH-2.5%

According to AMBCrypto, DASH fell 13% over the past 24 hours and now approaches the critical $29.63 support level. Should the asset break below $28, it would erase the entire 427% rally recorded since October. Technical indicators show bearish dominance: the Parabolic SAR sits above price levels, while the Chaikin Money Flow has turned negative at -0.10. Perpetual market data reveals additional downside risk, with funding rates at -0.0726%, indicating that the majority of the $41.71 million in DASH perpetual contracts are positioned toward shorts.

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