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DASH short-term technical signals indicate a bearish outlook. From the 4-hour chart, the price encountered significant resistance around 68.0 and started to decline, breaking below the 61.0 key level. This pullback provides a relatively clear selling point.
Let's review the key levels—entry logic is to short when the price encounters resistance and pulls back at 68.0, with the 4-hour candlestick closing below the 61.0 level. The current short-term trend is quite clear.
The expected take profit is in two steps. The first target is around 56.5. If there is no clear support here and the price continues to decline, the 52.0 to 50.0 range will be the second window for reducing positions. For stop-loss, if the 4-hour closing price reclaims 69.0, it indicates that the bearish outlook needs to be adjusted.
The DASHUSDT contract at this position indeed offers many technical shorting opportunities.