DASH Surges 8.31% as Bullish Breakout Sparks Renewed Interest and Robust Technical Momentum

DASHUSDT experienced an 8.31% price increase in the past 24 hours, closing at $79.08 from a 24h open of $73.01 on Binance. The positive price movement is primarily attributed to DASH’s recent breakout from a prolonged downtrend, confirmation of a bullish falling wedge pattern, and robust technical momentum, with ongoing consolidation near recent highs signaling continued demand. Heightened trading volumes, renewed interest from both retail and institutional participants, and increased market activity have further supported the price rise, although whale long positions and open interest have declined, indicating shifting investor positioning. The DASH market remains active, with a current market cap near $1 billion and circulating supply around 12.55 million tokens.