$DASH Preferred: Short (mean-reversion)
Entry: 53.20 – 53.80 (or on rejection of 54.60 high / upper BB).
Take Profit 1: 49.50 – 48.50 (mid-BB area).
Take Profit 2: 46.50 – 45.50 (stronger support zone).
Stop Loss: 55.20 – 55.50 (above the recent high + buffer).
Risk-reward ≈ 1:1.8 to 1:2.5 depending on exact entry.
Alternative (pullback long – only if RSI cools):
Entry: On dip to 49.00 – 48.00 (mid-BB / support).
Take Profit: 55.50 – 57.00.
Stop Loss: Below 46.50.
Summary Recommendation
At RSI ~72 and price hugging the upper Bollinger Band after a +24% pump, favor short for a healthy pullback toward the mid-band. Avoid aggressive longs at these extended levels. Wait for clear rejection or RSI divergence for better short entries. Use tight risk management — volatility is high after such moves.
This is technical analysis only, not financial advice. Always size positions properly and trade at your own risk.
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