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DASH: The Outperformer Bucking the Pullback Trend
DASH has surged dramatically, posting over 100-130% gains in the past week alone, pushing from lows around $50 to highs near $88-$96 before a recent correction to ~$74-$75. This rally has been fueled by:
Major adoption boosts like Alchemy Pay fiat on-ramps in 173 countries and AEON Pay integration for 50M+ merchants.
A short squeeze unwinding millions in positions.
Sector rotation from ZEC's drama, positioning DASH as a high-beta privacy/payments play.
However, the move looks overextended—RSI hit extreme overbought levels, funding rates turned bearish, and profit-taking has triggered a sharp pullback. Emerging short calls on X (e.g., traders eyeing dumps to $53-$60 or lower) highlight risks of further downside if $73-$75 support fails. A hold above could target $100+, but volatility remains high.
Here's a visual of recent DASH price action during this explosive rally:
ZEC and XMR: Consolidation and Pullbacks
ZEC (~