$DASH : Major Support Breakdown Confirmed on $DASH Higher Timeframes
SHORT SETUP DASH
Entry: $58.5500 - $58.6300
Stop Loss: $60.9336
Take Profit: $53.9028 (2R)
Key Levels: Support $57.7100 | Resistance $58.8900
Technical Analysis for $DASH : Price sits below EMA9, EMA21, EMA50 and EMA200, confirming bearish momentum. MACD histogram is negative and Stochastic K (25) is under its D line, adding downside pressure. RSI at 39.8 hints at slight oversold but not a reversal. Orderbook shows a bidside imbalance, a modest bullish countersignal. Watch for a break below the 1H/4H support at 57.71 to validate the
Market Context: BTC is marginally bearish on the 24h chart (-0.9%). Overall market breadth is mixed, with 54.5% of assets green and 45.5% red.
SHORT $DASH
SHORT SETUP DASH
Entry: $58.5500 - $58.6300
Stop Loss: $60.9336
Take Profit: $53.9028 (2R)
Key Levels: Support $57.7100 | Resistance $58.8900
Technical Analysis for $DASH : Price sits below EMA9, EMA21, EMA50 and EMA200, confirming bearish momentum. MACD histogram is negative and Stochastic K (25) is under its D line, adding downside pressure. RSI at 39.8 hints at slight oversold but not a reversal. Orderbook shows a bidside imbalance, a modest bullish countersignal. Watch for a break below the 1H/4H support at 57.71 to validate the
Market Context: BTC is marginally bearish on the 24h chart (-0.9%). Overall market breadth is mixed, with 54.5% of assets green and 45.5% red.
SHORT $DASH
