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Home/News Feed/Dash's Open Interest jumps 16% as buyers push price toward $58 resistance level

DASH

Rp894,106

+Rp142,866 +19.02%

Dash's Open Interest jumps 16% as buyers push price toward $58 resistance level

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Technical Signals

20 May 2026

AMBCrypto

View Source

Bullish

Dash (DASH) is showing renewed bullish momentum with a 16% increase in Open Interest to nearly $37 million, indicating rising trader participation. Both Spot and Futures markets see strong buying pressure, suggesting genuine demand rather than short-term liquidations. The price structure is improving steadily, with buyers accumulating on dips and targeting the key resistance zone near $58. If demand holds, DASH could extend its rally, though the $58 level may trigger selling pressure as traders take profits.

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