$DASH /USDT — Rejection at highs, potential downside continuation...🚀🔥
Entry Range: 35.70 – 36.00
Stop Loss: 36.60
Targets:
TP1: 35.00
TP2: 34.20
TP3: 33.20
Price pushed up into resistance around 36.2–36.4 and got sharply rejected — that wick + follow-through selling shows clear supply stepping in.
Structure is shifting from higher highs into a potential lower high formation, and this kind of rejection often leads to a move back into prior demand zones.
Best approach here is not chasing the drop, but looking for minor pullbacks into resistance (entry zone) for continuation.
Invalidation: Clean break and hold above 36.60 flips momentum back bullish.
Entry Range: 35.70 – 36.00
Stop Loss: 36.60
Targets:
TP1: 35.00
TP2: 34.20
TP3: 33.20
Price pushed up into resistance around 36.2–36.4 and got sharply rejected — that wick + follow-through selling shows clear supply stepping in.
Structure is shifting from higher highs into a potential lower high formation, and this kind of rejection often leads to a move back into prior demand zones.
Best approach here is not chasing the drop, but looking for minor pullbacks into resistance (entry zone) for continuation.
Invalidation: Clean break and hold above 36.60 flips momentum back bullish.