Technical analysis by SwingKing_PH about Symbol DASH: Sell recommendation (8/6/2025)

Market Structure: Based on the 1D TF, there is a support level @ 17.25 and a resistance level @ 25.74. On July 23, the price of DASHUSDT bounced off the resistance level therefore we can assume that the price will move towards the support level @ 17.25. Area of Value: Based on the 4H TF, we can see the possible pivot points with the confluence of the Fib. Retracement and Resistance level @ 22.02. Entry: We have entered the trade @ 21.30, after a justifiable bounce off our Area of Value. Exits: - Stop Loss level @ 22.70 which is the top off our bounce + ATR Value. - Take Profit @ 18.25 which respects the Fib. Extension @ 18.16, and Support level @ 17.25 Max R:R = 2.18