$DASH – Into distribution, but the upside is running out of strength
Trading Plan Short
$DASH Entry: 34.1 – 35.9
SL: 37.5
TP1: 32.6
TP2: 30.4
TP3: 28.2
The rebound reached the zone — but the way it got here is the signal.
Price is no longer expanding with conviction. Each push higher is tighter, slower, and meets resistance faster than before.
That’s not continuation — that’s exhaustion building inside a distribution area.
This is where most traders misread the chart. They see price holding near highs and assume strength, but ignore how inefficient the move has become.
Instead of aggressive demand pushing through, it’s getting absorbed at resistance.
If this zone holds, it becomes a ceiling rather than a breakout point — and once that shift confirms, downside tends to develop quickly as positioning unwinds.
Trade
$DASH here 👇
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