#CFTCApprovesBitcoinPerpetuals $DASH BEARISH PRESSURE BUILDING 🐻
Futures setup
· Entry zone: 39.00 - 39.50
· Leverage: 5x - 8x
Target Price Gain
Target 1 38.70 -1.4%
Target 2 38.00 -3.2%
Target 3 37.20 -5.2%
Target 4 36.50 -7.0%
Target 5 35.80 -8.8%
Target 6 35.00 -10.8%
· Stop loss: 40.50
Price: 39.26
24h high: 40.88 → 24h low: 38.71
Up only +0.54% — momentum fading fast
📉 Bearish signals:
· RSI(6): 30.06 → approaching oversold, but no reversal yet
· MACD:
DIF: -0.06
DEA: 0.87
Histogram: -0.93 → bearish cross confirmed, widening downside
· Volume declining:
Vol(DASH): 398K
MA(5): 818K
MA(10): 1.51M
→ Current volume less than half of MA(5) — no buyers stepping in
· Price sitting near 24h low (38.71) — support weakening
#BitcoinFailedBreakoutBearSignal