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Support and resistance in DASH technical adjustments: What signals do the indicators give?
【Crypto World】DASH has recently shown a correction pattern in its fluctuations. Looking at the indicator performance, you can feel what a “roller coaster” is like—the bullish momentum has cooled down from an overbought state, and the momentum indicator has fallen back quite noticeably.
The Relative Strength Index (RSI) has eased a bit, but don’t be fooled—buyers still hold the advantage. As for the MACD signal, it still points to a bullish outlook, but the momentum has already lost some of its previous vigor, giving a sense of waning strength.
The price situation is as follows: the key resistance above is at $97.86, which must be broken for a new breakthrough. There are also several hurdles below—$84.50, $78.00, and $90.00—these three sell orders are essentially limiting the room for further upward movement.
On the support side, the bottom support is at $63.65, with two key buy support lines at $70.00 and $68.00 in between.
In simple terms, the current situation depends on which side’s resistance is broken first—whether the price breaks above $97.86 or falls back to test the support below. This will determine the next direction.