because if dash experiences a drop of approximately 8% why does its price not vary that much? if you could clarify my doubt, thank you.
Post
Marcus Corvinus
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BullishI’m watching $DASH after a massive correction from $54.52 down to $43.45, marking a 17% drop in just one session.
This kind of deep flush usually happens after a parabolic leg up — weak hands exit fast, but strong players quietly reload near support. Now, DASH is holding above its 24h low, showing early signs of stabilization with steady buy volume returning.
⚙️ Full Trade Setup
Entry Point:
I’m entering between $43.50 – $44.50, right where the chart is showing a clear base and rejection from lower levels.
Target Points:
1️⃣ $46.80 — short-term bounce target where sellers may reappear.
2️⃣ $49.50 — recovery level aligning with previous resistance.
3️⃣ $52.00 — if momentum continues, this could be the breakout zone.
Stop Loss:
Below $42.90, just under the 24h low to avoid another liquidation sweep.
💡 Why It’s Possible
After such a steep 17% drop, the selling pressure is cooling down fast.
Volume remains strong — nearly 33M in turnover means traders are still active.
RSI on lower timeframes is near oversold, hinting at a relief rally ahead.
The formation around $43–44 looks like a short-term accumulation zone before the next push.
⚡ Trade Plan
If $DASH keeps holding above $43.5, I expect a strong rebound toward $47–$50 as the market digests the recent dump.
I’ll keep my stop tight, take partial profits at each target, and trail the rest for continuation.
Let’s go and trade now $DASH
This kind of deep flush usually happens after a parabolic leg up — weak hands exit fast, but strong players quietly reload near support. Now, DASH is holding above its 24h low, showing early signs of stabilization with steady buy volume returning.
⚙️ Full Trade Setup
Entry Point:
I’m entering between $43.50 – $44.50, right where the chart is showing a clear base and rejection from lower levels.
Target Points:
1️⃣ $46.80 — short-term bounce target where sellers may reappear.
2️⃣ $49.50 — recovery level aligning with previous resistance.
3️⃣ $52.00 — if momentum continues, this could be the breakout zone.
Stop Loss:
Below $42.90, just under the 24h low to avoid another liquidation sweep.
💡 Why It’s Possible
After such a steep 17% drop, the selling pressure is cooling down fast.
Volume remains strong — nearly 33M in turnover means traders are still active.
RSI on lower timeframes is near oversold, hinting at a relief rally ahead.
The formation around $43–44 looks like a short-term accumulation zone before the next push.
⚡ Trade Plan
If $DASH keeps holding above $43.5, I expect a strong rebound toward $47–$50 as the market digests the recent dump.
I’ll keep my stop tight, take partial profits at each target, and trail the rest for continuation.
Let’s go and trade now $DASH
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.