From the chart you shared ( DASHUSDT Perp – 1D timeframe ), here’s what this market group / trend looks like in simple terms:
📈 Market Structure
DASH was in a long consolidation/accumulation zone around 32–45 USDT.
A strong bullish breakout happened with high momentum, pushing price sharply up to ~89 USDT.
This type of move is called an impulsive rally (often driven by leverage + news + short covering).
🔄 Current Phase
After hitting 89, price is now pulling back and consolidating around 78–80 USDT.
This suggests a cool-off / correction phase, not immediate trend reversal.
Volatility is high → market is deciding next direction.
🧱 Key Levels
Support zones
75–76 USDT (important short-term support)
67–70 USDT (strong demand area if deeper pullback)
Resistance zones
82–85 USDT
89–92 USDT (major resistance / previous top)
🧠 What This Group Means
This is a bullish continuation group, but overextended in the short term.
Healthy markets usually retest support before another leg up.
If price holds above 75, bulls remain in control.
Losing 67 would weaken the bullish structure.
⚠️ Risk Note
Because this move was very fast:
Late entries = high risk
Better strategy = wait for support confirmation or range breakout
If you want, I can also explain:
📊 Scalp / intraday setup
📉 Short-term correction targets
🟢 Safe long entry zones
🔴 Invalidation level