DASH/USDT: EXTREME BREAKOUT BUT READY FOR CORRECTION? 📈📉

DASH price just recorded a +121% rally in 1 week, broke key resistance and triggered a major short squeeze. But is it still safe to enter?

📌 DRIVING FACTORS:

✅ Integration with Alchemy Pay (buy with fiat in 173 countries)

✅ Relisting on OKX

✅ Capital rotation from Zcash to DASH

✅ Volume & Open Interest up 150%

🔍 MULTITIMEFRAME TECHNICALS:

· Daily: RSI 93 (extremely overbought), but trend remains strong

· 4H: Bullish momentum, support at EMA 99 ($77–$78)

· 1H: Consolidation after pump, wait for further confirmation

🎯 STRATEGY:

LONG (Primary Priority):

· Entry: $77–$78 (strong support zone)

· Target: $88 → $91

· Stop Loss: <$74

· Timeframe: 1–7 days

SHORT (Only if rejected at $88):

· Entry: $87–$88 with bearish confirmation

· Target: $78 → $74

· SL: >$90

⚠️ NOTES:

· Rally was too fast, a brief correction is highly likely within 1–3 days.

· Trend remains bullish as long as price holds above $74.

· Use strict risk management.

📊 VERDICT:

BULLISH with a brief correction first. Wait for pullback to enter long safely.

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DASHUSDT

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