The recent Dar Open Network rebrand and "AI" narrative gave us a massive 200% pump, but the party is officially over. We are looking at a textbook "buy the rumor, sell the news" event, and smart money is currently distributing their bags to retail.
Looking at the charts, the momentum has completely flipped:
1D Chart: Massive rejection printing a heavy red daily candle.
1H Chart: Clear downtrend established. The MA(7) just crossed below the MA(25)—a confirmed bearish crossover.
15M Chart: Consolidating in a tight bear flag. It's resting before the next leg down.
If you are thinking of going long here, you are catching a falling knife. Here is my current short play:
Entry: Wait for a solid 1H close below 0.00965, OR catch the dead-cat bounce limit entry around 0.0103.
Target 1: 0.00915 (4H MA25 support)
Target 2: 0.00850
Target 3: 0.00750
Stop Loss: 0.0108 (Invalidates the lower-high structure)
Trade safe, manage your risk, and don't over-leverage! Are you currently long or short on DAR? Let me know below. 👇
#DUSDT #DAR #cryptosignals #ShortSelling #TechnicalAnalysis
