$DASH — Market Update
Bias: Short
Trade Setup $DASH
Entry: 66 – 68
Stop Loss: 69.5
TP1: 64
TP2: 62
TP3: 58
Market Insight:
$DASH on 4H exhibits bearish market structure with lower highs and lower lows after rejecting the 90 resistance, indicating seller control through impulsive declines and liquidity sweeps below prior supports. Price reacts at the 62-65 zone with corrective pullback, where demand absorption weakens against downward momentum, suggesting continuation if rejection holds.
Invalidation occurs on a structure break above 70, yielding a favorable 1:3 risk-to-reward ratio driven by momentum shift and supply dominance.
Observing pullback behavior for confirmation, discipline in execution essential.
Levels based on structure and momentum, not prediction.