DASH's momentum is clearly weakening on the 1-hour chart. Although the price broke through the previous high, the subsequent upward push is severely lacking, and there is no confirmed follow-through momentum. From the current pattern, it is very likely to enter a range-bound consolidation or a gradual correction at this level. It is recommended to focus first on the oscillation channel after the rapid surge, observe the price behavior within this channel, and prepare for subsequent trading decisions.
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TheVillageChief'sWife
· 01-16 18:36
Pinned to the top 😓
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LiquidationHunter
· 01-16 18:35
It's another move to artificially inflate the high point. If the momentum is gone, what does that indicate? It means a plunge is coming.
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ForkInTheRoad
· 01-16 18:30
It's too late now. Why is DASH so powerless this time?
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GasFeeDodger
· 01-16 18:29
Hmm, this wave of DASH is artificially high. Once it breaks the high point, it loses momentum.
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ThatsNotARugPull
· 01-16 18:27
Breaking the high point but lacking strength, this feeling is all too familiar...
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HodlTheDoor
· 01-16 18:23
It's the same pattern again, breaking through the high point but not gaining upward momentum, old tricks.
DASH's momentum is clearly weakening on the 1-hour chart. Although the price broke through the previous high, the subsequent upward push is severely lacking, and there is no confirmed follow-through momentum. From the current pattern, it is very likely to enter a range-bound consolidation or a gradual correction at this level. It is recommended to focus first on the oscillation channel after the rapid surge, observe the price behavior within this channel, and prepare for subsequent trading decisions.