Market Overview: DASHUSDT Shows Strong Bullish Continuation Amid Rising Momentum and Volatility

Generated by AI AgentAinvest Crypto Technical RadarReviewed byDavid Feng
Monday, Dec 22, 2025 11:38 am ET1min read
USDT
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DASH
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Aime RobotAime Summary

- DASHUSDT broke above 38.50-38.70 resistance with bullish engulfing patterns, confirming strong upward momentum.

- RSI near 60 and MACD positive divergence signal accelerating bullish momentum, supported by $226k peak turnover.

- Overnight volume spiked 6,000 DASH as price surged past 39.06, validating Bollinger Band breakout and institutional buying.

- 38.68 (38.2%) Fibonacci support confirmed strength, with 38.94 (61.8%) next key target ahead of potential 39.30-39.50 test.

Summary
• Price tested and reclaimed key resistance at 38.50-38.70, forming bullish engulfing patterns in late ET hours.
• RSI and MACD indicate reaccelerating momentum, with RSI nearing 60 and MACD showing positive divergence.
• Volatility expanded in the overnight session, with volume spiking near 6000 DASH and turnover exceeding $220k.
• Bollinger Bands showed a mid-day contraction followed by a price break above the upper band at 39.06.
• Fibonacci levels at 38.68 (38.2%) and 38.94 (61.8%) were critical in validating recent bullish continuation.

24-Hour Price Action


Dash/Tether (DASHUSDT) opened at 38.24 on 2025-12-21 at 12:00 ET, reached a high of 39.30, a low of 37.81, and closed at 38.54 on 2025-12-22 at 12:00 ET. The pair saw total volume of 32,609.29 DASH and notional turnover of approximately $1,262,537.

Price Structure and Momentum


The price action suggests a strong continuation of the bullish trend, with a key resistance level at 38.50-38.70 being tested and confirmed by late session volume. A bullish engulfing pattern formed around 07:15-08:00 ET, followed by a breakout above 39.06. RSI is trending upward, nearing 60, while MACD shows positive divergence and a growing histogram. This suggests that upward momentum may continue in the near term.

Volatility and Volume


Bollinger Bands displayed a contraction during the early morning hours before widening as the price surged past the upper band at 39.06. Volume spiked significantly between 00:15-02:00 ET, with over 14,000 DASH traded during that window. Notional turnover also rose sharply, reaching a peak of $226,122 during the 00:15-00:30 ET period. This confirms strong buying pressure and suggests that the move above 39.00 has institutional backing.

Fibonacci and Key Levels


Fibonacci retracements drawn from the 37.81 swing low to the 39.30 high highlight key levels at 38.68 (38.2%) and 38.94 (61.8%). The price briefly tested 38.68 before rising to 39.30, validating that 38.68 acted as a strong support level. This suggests traders may look to 38.94 and beyond as the next area of interest.

In the next 24 hours,

DASHUSDT
may test the 39.30-39.50 zone, with potential for a pullback toward 38.70-38.90. Traders should remain cautious of a short-term consolidation, particularly if RSI overextends into overbought territory.