A glaring red K-line pierced through the illusion of privacy coin’s rally. The market sent a direct signal — the price is speaking.

While analysts are still discussing DASH’s weekly gains, the turn happened at midday on January 20. The DASH/USDT perpetual contract is quoted at $73.57, down 0.96% for the day, with a 24-hour trading range of 2.36%. Having fallen from the high of $75.01, it has clearly broken below the middle band of the Bollinger Bands (77.24) and is now seeking support at the lower band (72.99).

What does the MACD indicator say? DIF -1.71, DEA -1.33, histogram at -0.76. What do these numbers mean — bearish momentum is building, this is not just a simple correction but a technical-driven stress test.

**What story do the details of the chart tell:**

Looking at the day from open to close: opened at 74.29, briefly touched 75.01 before being pushed back, dipped to a low of 73.26, and finally closed at 73.57. This "rise and fall" pattern is very classic — there’s strong selling pressure above.

The position of the Bollinger Bands is very critical now. The middle band at 77.24 has become a short-term hard resistance. The price is trapped between the middle and lower bands, forming a typical bearish zone. Once the lower band at 72.99 is truly broken, more downside space will open up.

Is the MACD signal clear enough? Both DIF and DEA are below zero and continue to weaken, indicating — this is not a rebound, but a trend reversal.