DASH has fallen by 26% in the last seven days, so buyers are still getting a discounted entry even after the strong advance earlier this quarter.
The chart now indicates that this pullback could be fading. Between October 30 and November 25, the price marked a higher low, while the Relative Strength Index (RSI) marked a lower low. This is a continuation setup (hidden bullish divergence) and typically appears when a broader uptrend pauses before resuming.
For Dash, the Fibonacci extension levels based on the trend help chart the way forward. The first barrier is $78. A clear break above this level opens the way to $107 and beyond. These targets are within reach if the cycle narrative remains strong.
A drop below $52 breaks the continuation structure and puts $41 back on the chart. This is the level that served as support during the early November rally.
DASH
47.29
+2.13%