2026-01-17 06:28:53

DASH's current technical outlook is not very optimistic. From the candlestick chart, signs of consolidation are becoming more evident, and the overall trend remains bearish.

If you are considering shorting, pay attention to these key levels: resistance at 92.08 and 101.64 above, and support at 77.46 and 72.40 below. If the current price can hold above 77.46, there might still be a chance for a rebound, but the probability is low.

From a practical trading perspective, the best entry point for short positions should be near the resistance levels. The ideal entry zone is around 85.00-86.00, especially when the price is below the 5-day and 10-day moving averages, which will make signals clearer. Additionally, if the price breaks below 77.46, it could also be an opportunity, but further observation is needed before making a decision.

For stop-loss placement, it is recommended to set it 3-5% above the entry price, so that risk remains within an acceptable range. As for profit targets, initially consider the 72.40 level (second support). If the price breaks through that, there is room for further decline, with an overall expected return of 5-10%.

In summary, this stage is more suitable for a defensive trading approach; rushing is not advisable.

DASH-1,01%

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MEVEye

· 01-19 23:40

Dash this time definitely has no chance. After such a long consolidation, it will eventually drop. You can try shorting around $85, depending on whether it can break below $77.

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SleepyArbCat

· 01-18 06:29

Sigh... DASH, this cat, has been really sluggish lately, consolidating like my midday nap—completely lifeless. If you ask me, instead of betting on a rebound here, it's better to wait until it drops below 77.46, saving gas fees in the process.

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GasFeeCrybaby

· 01-17 06:59

It's DASH again, this thing just moves sideways all day, it's annoying to watch. Maybe I should go all-in on other cryptocurrencies instead.

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StillBuyingTheDip

· 01-17 06:57

Dash's consolidation market is really annoying, feels like it's going to drop again... I'll be positioning around 85-86.

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alpha_leaker

· 01-17 06:53

DASH is a bit bearish this wave, feels like the consolidation has come to an end. I'm still on the sidelines.

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InscriptionGriller

· 01-17 06:45

It's that old "defensive operation" routine again. To put it nicely, it's actually just waiting to cut the next batch of bagholders. DASH, this crappy thing, has been consolidating for so long it should have died long ago. Do you really only feel satisfied when it hits $77? Laughable. The retail investors are still calculating 5-10% returns, not realizing that the funds have already run away.

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LiquidityWitch

· 01-17 06:40

ngl, the whole 77.46 support thing feels like watching tea leaves at this point... brewing some dark pool vibes around 85-86 but the liquidity mechanics are just giving stagnation energy rn. not touching this until the arcane signals align fr

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BlockchainTherapist

· 01-17 06:36

DASH's consolidation trend is really frustrating, feels like it's about to break out. I'm also watching the 85-86 range, but it's a bit early to buy now. I'll wait until it breaks below 77.46, no rush anyway.

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NestedFox

· 01-17 06:33

DASH this time really underperformed, and after such a long consolidation, the probability of it continuing downward is higher. Entering short at 85-86 feels more secure, just worried about getting trapped again.

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