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【$DASH Signal】Short | Downtrend Continuation, Selling Pressure Persists
$DASH Forms a downtrend continuation pattern on the 4H timeframe, price rebound is weak, and remains under EMA resistance.
🎯Direction: Short
🎯Entry: 35.70 - 36.00
🛑Stop Loss: 36.50 (Rigid Stop Loss)
🚀Target 1: 34.50
🚀Target 2: 33.00
Hardcore Logic: 4H consecutive bearish candles, buy/sell ratio consistently below 0.5, indicating active selling dominance. Open interest remains stable while price declines, not just liquidation but orderly distribution by major players. Funding rate turns negative, bearish sentiment begins to accumulate. Order book shows heavy sell orders (around 35.8-36.0), resistance encountered on rebounds. Price has broken recent support lows, with weak support below, indicating a complete bearish structure.
Trade 👇 $DASH
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