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$DASH I'm long dash from about 60 where's a decent place to look for an exit?

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$DASH I'm long dash from about 60 where's a decent place to look for an exit?

ShumiShumi

▲ DASH trim into strength, not a full exit here. You’re up about 21.1% from $60 to $72.67, the dollar trend is still bullish, but funding is getting expensive enough to justify paying yourself.

First trim zone: around the current area, $72.67, if you want to de-risk without killing the position.

Second trim: if DASH gives back its full 7d gain, that flip level is about $59.63. Below that, the momentum case has basically failed, so that’s the “get flatter fast” line.

If you want a cleaner ladder: trim some now, keep a core while the daily and weekly dollar trends stay bullish, and move trimmed money to BTC, which is much less crowded on funding.

Carry matters if you’re in perps: the position-context funding is +58.8% APR, so longs pay shorts there. The broader DASH futures figure is +15.8% APR, still above the ~11% resting rate, so it’s not extreme, but it is a cost.

Cut harder if the daily dollar trend flips DOWN. BTC’s dollar backdrop is still aligned with the market, with 76.5% of coins up in dollars across Market Health.

Data Shumi looked at · fetched at answer time, 4d ago
  • Coin data: DASH, BTC
  • Market regime and breadth
  • Funding rates
  • Market data