Alright, let’s break this down clearly 👇
DASH/USDT – 15-minute chart
#GoldSilverAtRecordHighs $BNB #GrayscaleBNBETFFiling $BTC
🔍 Current Situation
Price: ~64.9
24h Change: -7.36% (strong bearish pressure)
24h Low: 64.52 (price just swept this area)
📉 Market Structure
Overall short-term trend = bearish
Price is making lower highs & lower lows
The last candle shows a strong bearish impulse, pushing price to the session low
🧱 Key Levels
Support
64.50 – 64.40 → Immediate support (already tested)
63.80 – 64.00 → Next demand zone if 64.5 breaks
Resistance
65.30 – 65.50 → Minor resistance
66.40 – 66.50 → Strong resistance (previous rejection high)
📊 Candle Behavior
Long red candle near 64.52 → sellers in control
No strong bullish rejection yet → buyers still weak
Price consolidating slightly after the drop = possible bearish continuation or dead-cat bounce
🧠 Trade Scenarios (Short-Term)
🔴 Bearish Continuation
If 64.50 breaks with volume
➜ Target: 64.00 → 63.80
🟢 Relief Bounce (Scalp Only)
If price holds above 64.50 and forms bullish candles
➜ Bounce possible to 65.20 – 65.50
Trend still bearish → don’t expect a big rally
⚠️ Summary
Trend: Bearish
Momentum: Weak buyers
Best approach: Wait for confirmation
Short on breakdown ❌
Long only on clear support hold + reversal ✅
If you want, I can:
Mark exact entry / SL / TP
Check 1H or 4H confirmation
Tell you whether this is good for futures or spot
Just tell me 👍📉
