Beware of a fake email in DASH: 127 whales are preparing for a takeover

This rally could be a real fake-out! While you happily watch the green DASH candle, on-chain data tells a completely different story. 127 whales are opening short positions and currently in profit, while 101 buy traders are trapped in floating losses exceeding one million dollars — a warning sign that this may not be a genuine rally.

Whale Behavior Analysis and Liquidity Trap

The data indicates a clear pattern: smart money (major whales) are selling while small traders are buying enthusiastically. This gap in behavior increases the likelihood that this is a total fake-out. The current DASH price is at $38.14, down -7.01% in 24 hours, but the critical point isn’t the current price as much as the underlying intent.

The top 100 addresses hold 39.10%, reflecting a strong concentration of large funds. This high level of concentration means that a single move by one of these whales could drastically change the market direction.

Critical Levels and Warning Signs

Now let’s focus on the key zones that will determine whether this is a fake-out or if the market has spotted it:

Critical Resistance Zone: $63.60 - $65.00, aligning with the EMA99 test. The price is still far from this level, but if it reaches it, we’ll see an initial shock.

Reliable Entry Signal: Wait for a candle close below $61.50. This will confirm that the rally was an artificial move and not a genuine trend.

Expected Price Target: $55.00 — the level where we might see a sharp reversal if the medium support collapses.

Monitoring Strategy and Caution

Technical and behavioral signals suggest this could be a first-class fake-out:

• Price is hitting resistance at EMA99, a historical reversal indicator
• Whale data shows increasing selling pressure while small traders grow more optimistic
• Floating losses for buy traders exceed one million dollars, indicating a potential trap
• Apparent liquidity might be an mechanism to close profitable short positions before the expected drop

Final Recommendation: Remember, this is technical analysis, and fake-outs are common in financial markets. Don’t trade based on hope alone — wait for confirmation signals and a close below the specified levels. Risk management is more important than anything else.

#DASH