$DASH Signal】Empty position, waiting for valid support confirmation in a downtrend


$DASH is within a clear downward channel, with the price breaking below all key EMAs (20/50) and facing selling pressure around 34.5. The 4H chart shows insufficient rebound momentum, and buying volume is weak, unable to push the price back above EMA20. Depth data indicates sell wall orders (Asks) accumulating in the 34.4-34.5 range, forming immediate resistance. Although the funding rate is negative, open interest (OI) remains stable, indicating a weak consolidation dominated by bears rather than a short squeeze.
🎯 Direction: Empty position (NoPosition)
The current price is in a downward continuation pattern, lacking clear bottom reversal signals. Conditions for going long are not met (price
DASH-1,28%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)