Time to Sell DASH? Price Pullback Raises Big Questions

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

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.

Read Also: 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.

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The post Time to Sell DASH? Price Pullback Raises Big Questions appeared first on CaptainAltcoin.