📊 **DASH/USDT Trade Analysis**
Our current bias for DASH/USDT is **Sell**. 📉
Entry levels are identified between **63.60 – 64.20**.
Place your Stop Loss (SL) above **65.00** to manage risk effectively.
🎯 **Profit Targets (TP):**
TP1: 59.00
TP2: 57.50
TP3: 55.80
🔍 **Market Rationale:**
The current price action displays a clear bearish structure, characterized by consistent lower highs and lower lows. This indicates strong selling pressure.
We've observed a robust impulsive sell-off, followed by a relatively weak corrective bounce. The identified Entry zone aligns with a prior breakdown level now acting as resistance. 🧱
Volume analysis further supports this bearish outlook, suggesting distribution rather than accumulation. The path of least resistance points to liquidity below recent lows as a strong magnet for price. ⬇️
⚠️ **Risk Management & Caution:**
While minor counter-trend movements might occur on lower timeframes, the overarching market structure heavily favors a continuation to the downside.
Maintain disciplined position sizing and avoid emotional decisions or narratives like "it should bounce."
#DASH/USDT
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