$DASH is down 1.79% to $36.80, trading below key EMAs with a bearish MACD, signaling strong downward pressure.Whales are overwhelmingly short, with trapped longs facing a 42.5% loss, increasing the risk of a long squeeze.

Price Action: DASH trades at $36.80, consistently below its key EMAs, signaling persistent structural pressure while testing the lower Bollinger Band support near $36.61.

Technical Indicators: Bearish momentum is confirmed as the MACD (-0.24) is negative and below its signal line. The RSI at 43 reflects weakening conditions but is not yet oversold.

Capital Flows: Recent hourly data shows a net capital outflow, indicating selling pressure, although minor inflows from large orders suggest some absorption by larger players.

Whales Positioned for Further Downside

Bearish Conviction: The Long/Short ratio has fallen to 0.2964 as short whale positions increased by 16.2% in 24 hours.

Short-term: The trend is strongly bearish. A break below the $36.00 support could trigger further selling. Resistance is near $37.50-$38.00. Long positions carry high risk.