- DASH reclaimed a major demand zone after sweeping key liquidity, signaling renewed strength and an early phase of possible market reversal.
- A sharp increase in 24-hour volume confirms renewed market engagement and reinforces the upward reaction from recent lows.
- With liquidity zones at $104 and $150, DASH now follows a structured roadmap that highlights meaningful upside potential if momentum expands.
DASH shows renewed strength after sweeping liquidity and reclaiming a key support area, marking a meaningful shift in market direction. DASH trades above the $63 zone as the broader structure aligns with early reversal signals on higher timeframes. Moreover, DASH reacts strongly to recent volatility and sets the stage for potential continuation if conditions remain favorable.
Reclaim of Demand Zone and Technical Behavior
The chart reflects a strong response as price recovers from lower levels and forms a decisive candle with extended wicks. This behavior signals aggressive attempts from both sides and highlights a moment of sharp indecision. Moreover, such patterns often appear when selling momentum begins to fade.
Price action moves within a wide descending structure and continues to show respect for long-term trend boundaries. Lower highs still define the broader curve, yet the latest recovery hints at a possible shift. Additionally, the recent push above reclaimed levels strengthens the developing foundation.
This structure creates an environment where both sides reassess value around the current range. The steady rejections of extreme lows add support and reinforce early stabilisation. Furthermore, this pattern often appears as a market prepares for a more defined move.
Market Activity, Liquidity Zones, and Support Development
Activity rises sharply as the 24-hour volume more than doubles from previous levels. The increase aligns with strong movement and reflects renewed interest across several trading pairs. Additionally, the high volume supports the current upward reaction.
                                       Source: CoinMarketcap
Price climbed from earlier lows and created a clean structure that shows renewed strength after sustained pressure. The rounded movement provides a smoother pattern and signals better control from buyers. Moreover, the consolidation following the spike shows that the market is absorbing the recent change.
Strong support forms near the lower boundary and continues to hold through repeated tests. This level remained intact during prior declines and provides a clear reference for upcoming sessions. Furthermore, maintaining this support increases the chance of a stable short-term base.
Upside Targets, Market Correlation, and Forward Outlook
The chart highlights a clean liquidity zone near $104, which may attract market movement if upward momentum continues. A larger liquidity draw near $150 stands as a more distant target that becomes relevant if strength expands. Moreover, these levels will guide potential upside paths in future sessions.
Correlation with Bitcoin remains a factor, as broader moves often influence the asset’s direction. A stronger market recovery could support another attempt toward higher resistance levels. Additionally, stable conditions give space for measured progress over the short term.
The asset holds its ranking within the mid-cap category and shows competitive strength after the recent shift. Market structure, increased activity, and developing support contribute to a constructive outlook if momentum persists. Moreover, a clear move above the upper boundary could signal the start of a more defined advance.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
