š$DASH
BEARISH TECHNICAL ANALYSIS ā DOWNSIDE PRESSURE BUILDING
$DASH is showing signs of weakness after facing resistance near the 53.42ā54.00 zone. Price is forming lower highs and struggling to maintain above immediate support, indicating bearish momentum. A break below 51.04 could trigger further downside toward key support levels.
TECHNICAL OUTLOOK
ā¢ Rejection near 53.42ā54.00 resistance highlights weakening buyers.
ā¢ Lower highs on intraday charts confirm bearish structure.
ā¢ Breach of 51.04 support may accelerate the downward move toward 50.00.
TARGET LEVELS
ā¢ TP1: 50.00
ā¢ TP2: 48.50
ā¢ TP3: 47.43
STOP LOSS
ā¢ SL: Above 54.00 resistance zone
RISK MANAGEMENT
Risk 1ā2% per trade, maintain strict SL, and avoid overleveraging during volatile conditions.
