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DASHUSDT has decreased by 5.87% in the last 24 hours, with the current price falling back to around 79.04. From a technical perspective, the situation is indeed worth paying attention to.
RSI(14) has dropped to 33.48, indicating strong selling pressure, but also suggesting that oversold signals are gradually appearing. The middle band of the Bollinger is at 80.649500, which is a relatively critical level.
At this stage, do not rush to buy the dip. Market panic has not been fully released yet, and impulsively taking positions can easily lead to pitfalls. This is the time that tests your execution—sticking to discipline is more important than ever.
There are two strategies to consider: The first scenario is if the price rebounds near the Bollinger middle band or previous high points, then consider gradually shorting while setting stop-losses above resistance. The second scenario is more straightforward: if volume continues to break downward, it’s better to clear out first and wait for clear stabilization signals before re-entering.
Ultimately, whether this adjustment is a short-term sell-off or a trend turning bearish depends on upcoming volume and support levels. But one thing is certain: staying calm and observing is always safer than rushing into the market.