$DASH : Distribution Phase Ends: Downside Target Zone Set
SHORT SETUP DASH
Entry: $56.3000 - $56.4500
Stop Loss: $58.3500
Take Profit: $52.4250 (2R)
Key Levels: Support $55.8700 | Resistance $57.7700
Technical Analysis for $DASH : Price sits below EMA9, EMA21, EMA50 and EMA200, confirming a downtrend. MACD is negative with a widening histogram, and ADX at 40 signals a strong trend. RSI and Stochastic are deep oversold, offering a possible bounce but the orderbook shows buying pressure. A break above 57.77 resistance would challenge the short bias; a hold above 56.12 support could trigger a
Market Context: BTC shows bullish 4h and 1d EMAs while the broader market is broadly negative, with a 66.9% red asset ratio and a
SHORT $DASH
SHORT SETUP DASH
Entry: $56.3000 - $56.4500
Stop Loss: $58.3500
Take Profit: $52.4250 (2R)
Key Levels: Support $55.8700 | Resistance $57.7700
Technical Analysis for $DASH : Price sits below EMA9, EMA21, EMA50 and EMA200, confirming a downtrend. MACD is negative with a widening histogram, and ADX at 40 signals a strong trend. RSI and Stochastic are deep oversold, offering a possible bounce but the orderbook shows buying pressure. A break above 57.77 resistance would challenge the short bias; a hold above 56.12 support could trigger a
Market Context: BTC shows bullish 4h and 1d EMAs while the broader market is broadly negative, with a 66.9% red asset ratio and a
SHORT $DASH
