Quick take: $DASH at the 59.5 resistance level. Next target: 57.9; if 60.2 breaks, I’m out of the trade idea. 👀
Overview:
- On the 4H chart, price at 59.4 is below the EMA50 at 60.4; the trend structure favors sellers
- Risk is 1.3% to SL versus 2.5% to TP3, approximately 2.0R if the entire move plays out
🔴 SHORT · Entry 59.35–59.50 · TP 58.87 / 58.49 / 57.94 · SL 60.17
Overview:
- On the 4H chart, price at 59.4 is below the EMA50 at 60.4; the trend structure favors sellers
- Risk is 1.3% to SL versus 2.5% to TP3, approximately 2.0R if the entire move plays out
🔴 SHORT · Entry 59.35–59.50 · TP 58.87 / 58.49 / 57.94 · SL 60.17