DASH's performance today is incredible. Just look at the candlestick chart—it looks like a rocket soaring into the sky—first hitting a bottom at $36.55, then suddenly large funds enter the market, causing the price to surge from the bottom all the way up to $55.20, setting a new high, before slightly pulling back to $54.16. The entire intraday increase reached 44.93%, with 24-hour trading volume surpassing 270 million USDT, and a trading volume of 5.7403 million directly exploding. You can clearly see that there are major players lurking at low levels, then focusing their efforts.



Here's the key point. First, don't rush to chase the high; wait for it to retrace to the $50-$52 range before considering small positions to enter, which is more prudent. For take profit, set two targets: first at the $54 level, and second at the previous high of $55.20. If it breaks through, then look towards $58. As for stop loss, set it at $48. Once it falls below this, the short-term upward trend is likely to weaken.

My personal judgment is that DASH's rocket-like surge signals a strong return of the bulls. Look at the data: a 25.84% increase over 7 days, a 20.62% increase over 30 days, indicating strong medium-term bullish momentum. Although the 90-day gain is only 11.60%, and the 1-year increase is 45.05%, showing a generally strong long-term trend without anything special, the short-term upward trend is already very clear. As long as it doesn't fall below the $48 stop-loss level, you should remain bullish; shorts should stay out of the way now. Engaging in counter-trend operations during such violent surges is basically asking for trouble. Bulls, on the other hand, need patience, wait for low entries, and only then can they more safely ride this wave of gains. At the same time, be sure to control your positions to guard against potential pullbacks.
DASH30,34%
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