DoorDash's fundamentals remain strong with consistent revenue growth, but valuation concerns persist amid regulatory headwinds. Technicals show resistance near recent highs, suggesting a pullback may be due.

Market sentiment is mixed as DoorDash faces regulatory scrutiny over tip practices, but its dominant market position keeps long-term bulls engaged. Short-term trends may dip due to negative headlines, but broader delivery demand remains resilient.

Regulatory risks from NYC's tip allegations pose near-term volatility, but DoorDash's scale and diversification mitigate long-term threats. Valuation remains stretched, warranting caution despite strong growth prospects.

RSI indicates overbought conditions, while declining volume on recent rallies suggests weakening momentum. Support at $110 holds, but a break below could trigger a deeper correction.