$DASH is Stuck in a Downtrend! Time to Short the Bounce? 📉📉
DASH / USDT - SHORT 🔴
Trade Plan:
Entry: $33.95 - $34.15 (Wait for a retest of the MA25 area)
Stop Loss (SL): $34.55 (Above the recent rejection wick 🛡️)
Take Profit (TPs): $33.50 | $33.10 | $32.40 🎯
Why this setup? 💎
The 15m chart shows DASH is struggling under heavy pressure. 📉 The price is consistently getting rejected by the MA7 (Yellow) and MA25 (Pink). We are seeing a series of "Lower Highs" and "Lower Lows," which is a classic bearish signal. The MA99 (Purple) is far above the current price, acting as a major trend barrier. Any minor relief bounce is currently being used by sellers to exit. If $33.60 breaks, we could see a quick slide to deeper levels! 🌊🔥
Debate: 🐻 or 🐂?
Is DASH ready for a massive recovery, or are we heading to $30? Let me know your trade plan below! 👇💬
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$DASH ⚡
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