Time to Sell DASH? Price Pullback Raises Big Questions

CaptainAltcoin
DASH7,07%

Prominent analyst Ardi summed it up well. Once DASH lost the $71 level, a pullback was almost guaranteed. And that is exactly what played out. The DASH price slid lower and is now sitting in the low-to-mid $60s, following a very textbook correction after a strong rally.

What makes this move interesting is how controlled it looks. After pushing hard to the upside and printing a sharp local top, DASH didn’t collapse. Instead, it stepped down slowly, forming what looks more like a reset than a breakdown.

The area around $71.81 now stands out as the key level that failed to hold. If buyers had managed to reclaim it, the move could have turned into a full continuation. Since that did not happen, the market shifted into a cooling phase instead.

  • Why The DASH Pullback To This Level Matters
  • The Real Test For DASH Sits In The Current Support Zone
  • What’s Next for DASH?

Why The DASH Pullback To This Level Matters

One of the first stops on the way down was around $64. Ardi pointed out that the market was likely to sweep that wick, and the chart confirms it.

Source: X/@ArdiNSC

The DASH price dipped just below the $64.46 level, which is a classic behavior after fast upside moves. Price often revisits these zones to clear out late buyers and reset positioning.

This is usually where opinions split. Some traders see this area as a decent short-term dip opportunity, while others stay patient and wait for deeper levels. With volume currently low, both approaches make sense depending on the time frame.

The Real Test For DASH Sits In The Current Support Zone

The most important zone right now is clearly the liquidity pocket between $55 and $58. That range is marked on the chart for a reason. If the DASH price continues to slide, this is the area where buyers really need to step in.

This zone also defines whether the structure remains bullish. As long as DASH holds above it, the broader uptrend technically stays intact.

The Apollo Trend indicator still shows a bullish trend with strong momentum, but the low volume reading hints that the market is waiting for fresh participation before making its next big move.

Why Is Sentient (SENT) Price Pumping Right Now?_**

What’s Next for DASH?

If the DASH price fails to hold the $55–$58 area, the picture changes quickly. At that point, the move stops looking like a healthy correction and starts to resemble a deeper retracement.

That is where Ardi’s comment about ~$45 becoming a “magnet” comes into play, since that area acted as the base before the last breakout.

For now, DASH is simply catching its breath. It is not breaking structure yet. The next move is pretty clear: either it finds support in the $55–$58 zone and stabilizes, or it slips lower and opens the door for a move toward $45.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Solana at a Make-or-Break Level: $77 Support Tested After Sharp 24H Selloff

Solana is trading at $78.75, facing a 7.3% drop in 24 hours near the critical support level of $77.32. Resistance is at $85.38, and a rebound could push prices toward the $85–$88 area if support holds.

CryptoNewsLand46m ago

Top 3 AI Crypto Coins to Watch in February 2026 — NEAR, RNDR, and FIL

NEAR: Uses sharding to scale AI applications efficiently and reduce computing costs. RNDR: Connects creators with distributed GPU power for fast AI rendering. FIL: Provides decentralized storage secured by cryptographic proof systems. Artificial intelligence continues to shape crypto in

CryptoNewsLand1h ago

Circle Sees USDC Use Explode Amid AI and Blockchain Convergence

Circle's Q4 2025 showed significant growth, driven by USDC's rise in transactions and use as a core settlement layer. CEO Jeremy Allaire highlighted the convergence of blockchain, stablecoins, and AI in shaping a new economic system.

CryptoFrontNews2h ago

Analyst: Bitcoin Hash Ribbon Rebound "Bottom Signal Emerges," Longest Miner Capitulation in History Nears the End

CoinDesk senior analyst James Van Straten mentioned that Bitcoin has experienced the longest miner capitulation in history, and the market is showing signs of recovery. The hash rate ribbon is about to experience a golden cross, indicating that the market may have bottomed out. Additionally, Bitcoin's price has fallen below the production cost, signaling entry into a deep value zone, and weak holders will be forced to exit.

動區BlockTempo2h ago

Chainlink (LINK) Bulls in Action: After a 9% Jump, Can It Push Past $10 Soon?

Chainlink (LINK) saw a 9% increase in value, trading at $8.87, while its daily trading volume decreased by 40%. The market indicates potential upward price movement towards $9.08 or higher as bullish momentum builds.

TheNewsCrypto2h ago

Gold Gains as a Safe-Haven while Cryptocurrencies Fumble

Gold prices have risen by 0.8% amid heightened volatility in cryptocurrencies due to uncertainties from the US-Iran conflict and new tariffs by Trump. While gold gains signify its safe-haven status, cryptocurrencies show mixed recovery amidst significant market fluctuations.

TheNewsCrypto4h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)