DASH Short-term Downtrend Confirmed, Technical Collapse Approaching

From a technical perspective, DASH's upward momentum has been completely exhausted. After an initial rally, the price faced resistance at 96.50, forming a double top pattern. The subsequent correction directly broke the key neckline, confirming a reversal signal.

Currently, the MACD indicator has formed a death cross at a high level, with the red histogram continuously shrinking and the green histogram rapidly expanding, indicating that the bearish force is dominating the market. Although the KDJ indicator has temporarily rebounded, it quickly turned downward after reaching the overbought zone, further confirming the lack of upward strength.

The Bollinger Bands are continuously narrowing, with the price moving along the lower band, indicating that after a decrease in volatility, a directional choice is imminent. Combined with the previous breakdown trend, a downward breakthrough is highly probable. The SAR indicator has also issued multiple sell signals, with the price consistently operating below the parabolic reversal point. Multiple technical indicators resonate with the same conclusion: DASH's short-term collapse risk is rapidly increasing, and a new deep correction is imminent.