$DASH Relief bounce into supply, sellers stepping back in.
Short
$DASH Entry: 48.8 – 50.2
SL: 53.0
TP1: 46.8
TP2: 44.2
TP3: 41.0
$DASH bounced after the recent sell-off, but the move ran straight into a heavy prior supply zone. Price is struggling to build acceptance above resistance, upside momentum is fading, and rejection wicks are starting to print — clear signs that sellers are defending this area.
The structure of the bounce looks corrective rather than impulsive, which keeps the broader short-term trend tilted to the downside. As long as price stays capped below the 50–51 region, the probability favors continuation lower toward the recent lows and potentially deeper extensions.
Failure to hold this resistance would invalidate the setup, but for now, this looks like a classic lower-high formation inside a bearish structure.
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