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What is the current technical outlook for DASH? Are indicators like MACD and RSI sufficient, or should we rely on other methods to identify entry points?
The daily resistance level is key. Especially for large-cap altcoins, daily support and resistance often determine short-term trends. DASH is indeed oscillating in the 60+ range — rallying from the bottom, with a lot of long positions accumulated, and many traders have already exited here.
The question is whether this is a shakeout by the whales or a genuine correction. Price position alone doesn’t tell us. However, funding rates provide a hint, and changes in open interest also signal something. When both data points align in the same direction, it becomes a valuable reference.
Based on current signs, the opportunity to go long has appeared. Entering at market price is also acceptable. If a rally is truly underway, the next target will definitely be higher, and it won’t stay in the 60s for long. Late traders might consider quick follow-up — missing this move could mean waiting a long time.