DASH exhibits a strong impulsive trend on the 4-hour chart. After rebounding from the support zone below, it quickly recovers key levels, and this rapid surge fully reflects the market’s renewed enthusiasm.
After a long period of consolidation and recovery, the price action has become noticeably more active. Based on the rebound strength from the support level, there is clear buying interest in the long direction. Currently, DASH is approaching a well-defined resistance zone. Whether it can effectively break through this barrier will directly determine whether the market continues to rise or faces renewed pressure. This kind of strong rebound supported by trading volume is worth closely monitoring for its subsequent performance.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
7
Repost
Share
Comment
0/400
GlueGuy
· 01-16 12:01
Oh wow, DASH's rebound this time is quite something
---
The support level is holding so steadily, the real point of interest is breaking through the resistance zone
---
It's been a while, but finally showing some activity, but the key is whether it can push through
---
If the trading volume keeps up, there's a chance this wave will succeed
---
The rebound strength is pretty good, but don't crash down again
---
I just want to know if it can break through, otherwise it's just a false alarm
---
Closely monitoring... Basically, it's a gamble on whether it can break the resistance
---
I've seen many such rebounds, the key is whether the momentum is strong enough
View OriginalReply0
NonFungibleDegen
· 01-15 10:54
okay so if DASH breaks that resistance i'm absolutely aping in... probably gonna regret it but the volume looks kinda spicy ngl
Reply0
DegenRecoveryGroup
· 01-13 12:56
Finally seeing some movement from DASH, that previous consolidation really took a toll
If it can't break through this resistance level, it will still have to fall; don't overthink it
The buying support is indeed good, but can the volume keep up? That's the key
It's another "closely monitored" situation, and those going long are betting on this wave
The rebound at the support level is strong, at least indicating there are still people defending the market, not too bleak
View OriginalReply0
GamefiGreenie
· 01-13 12:55
The rebound strength at the support level is so strong, it feels like it's about to break through the resistance?
View OriginalReply0
BearMarketBard
· 01-13 12:55
Hey, DASH's recent rebound is indeed quite strong, but I always feel that such rapid surges are easily knocked down.
Wait, is the trading volume really supporting this? It looks like a weak rebound.
If the resistance level isn't broken, it's a bear trap. We've seen this too many times.
Is this all for a long-term consolidation rebound? I think it's a bit questionable.
View OriginalReply0
SnapshotDayLaborer
· 01-13 12:53
Uh... it's the same old trick of key resistance levels. If it doesn't break through, we have to wait a bit longer.
View OriginalReply0
ZKProofster
· 01-13 12:43
look, volume profile here actually matters more than the narrative tbh. seen this pattern breakdown twice before—resistance holds, then dumps. not saying it will, just... statistically speaking 🤔
DASH exhibits a strong impulsive trend on the 4-hour chart. After rebounding from the support zone below, it quickly recovers key levels, and this rapid surge fully reflects the market’s renewed enthusiasm.
After a long period of consolidation and recovery, the price action has become noticeably more active. Based on the rebound strength from the support level, there is clear buying interest in the long direction. Currently, DASH is approaching a well-defined resistance zone. Whether it can effectively break through this barrier will directly determine whether the market continues to rise or faces renewed pressure. This kind of strong rebound supported by trading volume is worth closely monitoring for its subsequent performance.