Trading Plan Short $DASH
$DASH got rejected hard from $39.12 resistance after a brief reclaim attempt, confirming distribution.
Entry: $38.48-$38.98
Stoploss: $39.85
Targets: $37.50 / $36.00 / $34.50
DASH is struggling to hold above the 1H EMA21, now trading below its EMA50 after a -7.27% dump yesterday. Longs are trapped from the initial push, now facing high liquidation risk as OI bleeds 8.73% and sellers remain aggressive. The 1H bear trend is taking over despite the daily bull, setting up a clear counter-trend short. Reclaim $39.85, short voided.
Trade $DASH here 👇
$DASH got rejected hard from $39.12 resistance after a brief reclaim attempt, confirming distribution.
Entry: $38.48-$38.98
Stoploss: $39.85
Targets: $37.50 / $36.00 / $34.50
DASH is struggling to hold above the 1H EMA21, now trading below its EMA50 after a -7.27% dump yesterday. Longs are trapped from the initial push, now facing high liquidation risk as OI bleeds 8.73% and sellers remain aggressive. The 1H bear trend is taking over despite the daily bull, setting up a clear counter-trend short. Reclaim $39.85, short voided.
Trade $DASH here 👇
