🔥 $DASH — DEAD CAT BOUNCE INTO SUPPLY 🔥
Sellers re-engaging. Short setup active.
After the sharp selloff, $DASH attempted a relief bounce — but that bounce ran straight into heavy prior supply. Price failed to reclaim structure, upside momentum stalled, and clean rejections are now printing at resistance.
This move up looks purely corrective, not a trend reversal. As long as this zone caps price, bears stay in control and continuation lower is favored.
📉 SHORT: $DASH
🎯 Entry Zone:
48.8 – 50.2
🛑 Stop-Loss:
53.0 (Above supply / structure invalidation)
🎯 Targets:
• TP1: 46.8 — first liquidity pocket
• TP2: 44.2 — range low retest
• TP3: 41.0 — extension if sell pressure accelerates
🧠 Why this works:
✔ Bounce rejected at prior supply
✔ Weak upside follow-through
✔ Momentum rolling over again
✔ Lower-high structure intact
✔ Rally = correction, not reversal
📊 Market Snapshot:
DASHUSDT Perp
Price: 49.54
Change: -6.12%
As long as 50–52 fails to flip into support, this setup stays valid.
Patience → execution → follow-through.
👇 Trade the rejection. Ride the continuation.
#DASH #CryptoShort #PriceAction #Liquidity #PerpTrading
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