📉
$DASH /USDT SHORT SIGNAL
Market Outlook: DASH is currently showing strong bearish momentum on the 1H timeframe. It is trading below the key Moving Averages (MA7 and MA25), and the MACD is trending downward in the negative zone. A breakdown below the MA99 ($76.17)
will likely trigger a deeper sell-off.
🔹 Entry Type: Short (Sell)
🔹 Entry Zone: $76.20 - $75.50 (Wait for a candle to close below the Purple Line/MA99)
🎯 Take Profit Targets:
TP1: $72.80
TP2: $69.50
TP3: $65.00 (Long-term Support)
🚫 Stop Loss: $81.60 (Above recent resistance)
⚙️ Leverage: 3x - 5x (Recommended)
📊 Risk: High (Oversold on KDJ, so manage risk carefully)
💡 Trade Strategy: The RSI/KDJ is in the oversold region, which means a small "relief bounce" to $78.00 is possible before further dumping. For a safer entry, wait for the breakdown of the current support at $76.15.
⚠️ Disclaimer: This is for educational purposes only and not financial advice. Crypto trading involves high risk. DYOR (Do Your Own Research) and trade at your own risk. I am not responsible for any losses.
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