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.

DASH-9,76%
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
  • 6
  • Repost
  • Share
Comment
0/400
TheVillageChief'sWifevip
· 01-16 18:36
Pinned to the top 😓
View OriginalReply0
LiquidationHuntervip
· 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.
View OriginalReply0
ForkInTheRoadvip
· 01-16 18:30
It's too late now. Why is DASH so powerless this time?
View OriginalReply0
GasFeeDodgervip
· 01-16 18:29
Hmm, this wave of DASH is artificially high. Once it breaks the high point, it loses momentum.
View OriginalReply0
ThatsNotARugPullvip
· 01-16 18:27
Breaking the high point but lacking strength, this feeling is all too familiar...
View OriginalReply0
HodlTheDoorvip
· 01-16 18:23
It's the same pattern again, breaking through the high point but not gaining upward momentum, old tricks.
View OriginalReply0
  • Pin

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