DASH is down 10% but nobody's trading it — volume is at HALF normal levels. That tells you everything. 📉
When price drops on low volume, it means sellers don't even need to try hard. There's zero buying interest absorbing the supply. The 4H RSI at 36.1 is bearish but not oversold, and the daily RSI at 59.8 is rolling over from neutral territory — plenty of room for more downside.
Why The Path Of Least Resistance Is Down
• Price below SMA7 ($56.81) and SMA25 ($62.45) on the 4H — structure is broken
• Volume ratio at 0.48x — the weakest volume in today's hot list, zero conviction from buyers
• Long/short ratio at 1.62 — despite the drop, traders are still trying to catch the bottom
• Daily SMA25 at $45.78 provides distant support — there's air below current price
Trade Plan (SHORT):
🎯 Entry: $54.47 – $57.03
🛑 Stop Loss: $60.86 (above recent structure)
✅ TP1: $52.84
✅ TP2: $51.20
✅ TP3: $49.02
R:R of 0.6. Low volume setups can gap — use limit orders and don't chase.
Privacy coins had their run this cycle. Is DASH dead money or coiling for a comeback? 👇
#DASH #Privacy #DYOR
⚠️ This is analysis, not financial advice. Always do your own research and manage risk carefully.