The Dash (DASH) price has spent the past few days trying to settle down after a sharp drop, and for the first time, the chart is showing hints that the worst may be behind it.
The price is hovering around the $68 zone, and instead of sliding lower, keeps finding support there. That steadiness usually is what you want to see when a market is trying to form a bottom rather than continuing a downtrend.
At the moment, the DASH price is still trading near this level, and while the price action isn’t explosive, the calmness around support tells its own story. Buyers seem to be stepping back in, and sellers no longer look as aggressive as they were earlier in the month.
What the Analyst Is Saying About Dash Setup
Analyst Jonathan believes this area between $64 and $68 could be the beginning of something meaningful. He points out that the DASH price has been holding this range without any panic moves, which is often an early sign that momentum is shifting.
The steady trading action in this zone hints at a possible double-bottom pattern forming, and those patterns tend to act as springboards when they complete.
Jonathan stresses that nothing is confirmed yet, but the structure does look cleaner with every candle. According to him, the next big moment will come if the Dash price can push above the $72 to $76 region with real volume behind it.
That’s the area the market needs to reclaim to show that buyers are serious about reversing the trend. If the price slips below $64 instead, the setup breaks down and Dash could head lower again, so this zone remains the key line in the sand.
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What the Dash Chart Is Showing
The chart tells the same story. You can clearly see the price curving upward after weeks of pressure, creating the early shape of a rounded bottom.
This type of structure often appears when sellers start to tire out and buyers gradually regain control. The more time Dash spends building support here, the stronger the foundation becomes.
The chart also outlines the path ahead if the reversal plays out. First comes the challenge of reclaiming the mid-$70s.
If that level holds as support afterward, momentum opens the door for a run toward the $90 area, and beyond that, a larger move toward the $110 to $140 zones becomes possible. It’s a gradual setup, but it’s the healthiest kind of recovery a market can form.
Also, the Dash price still has a bit of work to do before anyone can call this a confirmed trend reversal, but for now, the early signs are finally pointing in the right direction.
Holding $68 is important, and reclaiming the $72 to $76 range would be the first real signal that a stronger move is underway.
For now, Dash looks steadier than it has in weeks, and the market is watching closely to see whether this support turns into the base for the next rally.
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