๐ Bomb Watch: $DASH up +16.5% in 24 hours
Momentum Strength: 82/100
โ Liquidity $14M | โ Holding 97% of its peak | โ Volume is accompanying
โช๏ธ Current price: $38.17
๐ Levels controlling the move:
โช๏ธ Holding above $31.55 = the move is still ongoing
โช๏ธ Breaking above $33.75 = a continuation door is open
โช๏ธ Falling back below $32.76 (wave start) = consider it finished
๐ DASH is recording a jump of +16.5% within 24 hours, and the current price is $38.17 with liquidity of $14M.
First scenario: Continued upward momentum requires the price to hold above the $33.75 level, with liquidity still supporting the moveโthis is the signal that buyers are still in control of the scene.
Second scenario: If the price rebounds down and breaks the support zone at $31.55, that indicates momentum is starting to weaken and the likelihood of a corrective wave increases.
Watching liquidity and volume over the coming hours is what will determine which of the two scenarios actually plays out.
Is this move continuingโฆ or is this the top? The chart is in front of you ๐ $DASH
โ ๏ธ These pump moves are violent in both directionsโlate entries are more dangerous than missing them
๐ Market around it: $BTC moving +7.5% in the same hours.
๐ Join Abu Malakโs team: Register on Binance with code ABOMALAK โ permanent discount on trading fees and benefiting from our services and offers
#DASH #Altcoins #Digital_Currencies
โ ๏ธ Educational content to follow โ not investment advice and your decision is your responsibility
Momentum Strength: 82/100
โ Liquidity $14M | โ Holding 97% of its peak | โ Volume is accompanying
โช๏ธ Current price: $38.17
๐ Levels controlling the move:
โช๏ธ Holding above $31.55 = the move is still ongoing
โช๏ธ Breaking above $33.75 = a continuation door is open
โช๏ธ Falling back below $32.76 (wave start) = consider it finished
๐ DASH is recording a jump of +16.5% within 24 hours, and the current price is $38.17 with liquidity of $14M.
First scenario: Continued upward momentum requires the price to hold above the $33.75 level, with liquidity still supporting the moveโthis is the signal that buyers are still in control of the scene.
Second scenario: If the price rebounds down and breaks the support zone at $31.55, that indicates momentum is starting to weaken and the likelihood of a corrective wave increases.
Watching liquidity and volume over the coming hours is what will determine which of the two scenarios actually plays out.
Is this move continuingโฆ or is this the top? The chart is in front of you ๐ $DASH
โ ๏ธ These pump moves are violent in both directionsโlate entries are more dangerous than missing them
๐ Market around it: $BTC moving +7.5% in the same hours.
๐ Join Abu Malakโs team: Register on Binance with code ABOMALAK โ permanent discount on trading fees and benefiting from our services and offers
#DASH #Altcoins #Digital_Currencies
โ ๏ธ Educational content to follow โ not investment advice and your decision is your responsibility