The DASH $100 target will only be achieved if this is maintained.

Dash (DASH) surges strongly, surpassing 15% in 24 hours, approaching the $93 mark at the time of update, extending the growth streak after confirming integration with AEON Pay and confidently regaining the $90 price zone.

This impressive rally is not solely driven by short-term speculative psychology but is also reinforced by the expanding practical application value, boosting demand for Dash.

AEON Pay has recorded approximately 994,000 transactions with a total value of over $29 million across nearly 50 million stores, helping to solidify Dash’s position as a leading payment currency.

Thanks to this, buying pressure has increased sharply, helping Dash’s price decisively break through previous resistance zones. The upward momentum not only persists but continues to be driven, indicating the market is ready to accept higher levels for DASH.

Reconstructed Price Structure with Breakout Candle

Dash has clearly marked a turning point by breaking the $80 resistance and successfully reclaiming the $90–$95 zone, which previously served as a barrier for earlier rallies.

The strong daily candle pierced through previous supply zones, demonstrating the decisiveness of buyers rather than gradual accumulation.

Especially, the current price has moved above the old breakdown zone around $80, turning this area into a solid support base.

Technical indicators also align with the bullish trend, with MACD turning positive, the signal line crossing above, and histogram bars expanding into positive territory. This combination reflects increasing bullish momentum, not signs of weakness.

Source: TradingView When the market structure recovers and momentum is reinforced, Dash’s price naturally heads toward the psychological level of $100. If it remains firmly above this threshold, Dash could target the important resistance at $120.

Open Interest Confirms Strong Uptrend

At the time of update, open interest (OI) has increased by over 20%, reaching approximately $199.5 million as Dash continues to accelerate. This rise indicates continuous influx of new capital, not just from short covering.

Active traders are opening new positions, strengthening the bullish trend. Moreover, rising OI alongside price is often a sign of healthy market participation.

Conversely, weak rallies are usually accompanied by decreasing OI, but Dash has avoided this scenario. When leverage is used correctly, sentiment in the derivatives market is also reinforced.

Additionally, positions are established in a controlled manner, not overly euphoric, suggesting room for further growth. This makes the price action more sustainable rather than temporary.

Source: CoinGlass With strong and rational capital commitment, the current market structure supports sustainable upward trends rather than sudden reversals.

On-Chain Activity Shows Positive Changes

The total value locked (TVL) of Dash in DeFi has increased to around $207,655, recording over 9% growth in a day.

Although the absolute figure remains modest, the growth trend is a key factor. On-chain activity typically lags behind price, but Dash has shown early signs of ecosystem restart.

The increase in TVL alongside price reinforces the story of Dash’s practical value. Investors are not only chasing price movements but also actively interacting with the network.

Furthermore, improved on-chain metrics help mitigate risks of speculative overheating. As a result, this growth acts as a secondary confirmation layer for the current rally.

Source: DefiLlama As real-world application information spreads and usage levels increase, Dash continues to strengthen its broad demand foundation, helping sustain momentum beyond the initial breakout phase.

Sell-offs Cleared, Downward Pressure Collapses

Liquidation data shows a clear imbalance heavily favoring buyers. Over $3.11 million in short positions have been liquidated, while only about $604,000 in long positions were forcibly closed.

This disparity indicates that sellers have lost control entirely. When short positions are quickly closed, forced buying pushes prices higher.

Notably, most long positions remain intact, reducing the risk of downward instability. This is crucial because rallies supported by short squeeze tend to last longer.

Additionally, limited pressure on long positions suggests leverage is being used appropriately, aligned with the market trend. Therefore, Dash’s price does not stall after the squeeze.

Source: CoinGlass Instead, momentum is maintained at key price levels. When downward pressure is eliminated and long positions are held steady, Dash has more room to continue growing rather than undergo sharp correction.

Can Dash Reach the Next $100 Milestone?

Dash has convincingly answered the question of acceptance by surpassing the $90 mark with strength, structured price action, and market consensus participation.

The expanding practical value, rising OI, improving on-chain signals, and dominant short liquidation all point to a clear bullish trend. If buyers continue to successfully defend the $90 level, the $100 psychological target becomes the next promising milestone for Dash.