【$DASH Signal】Long - 1H Breakout and Pullback Confirmation, Negative Funding Rate Imminent for Short Squeeze

$DASH The 1H timeframe has confirmed a breakout and pullback above EMA20 (32.92), with the price stabilizing and volume increasing again. Although the 4H timeframe is still in a downtrend, the latest candlestick has closed above the previous high of 33.4, indicating a short-term momentum reversal. The negative funding rate of -0.1352%, combined with a firm price, suggests potential for a short squeeze.

🎯Direction: Long (Long)

🎯Entry/Order: 33.35 - 33.45 (Reason: 1H breakout and pullback above EMA20 support, with heavy buy orders on the order book )

🛑Stop Loss: 32.80 (Reason: Break below the 1H previous low and ATR lower band, approximately 1.5 times ATR )

🚀Target 1: 34.20 (Reason: 4H EMA50 resistance and previous small consolidation platform )

🚀Target 2: 35.00 (Reason: Daily previous high resistance and psychological level )

🛡️Trade Management:

- Position Size: Light (Reason: 4H trend has not fully reversed, indicating a counter-trend rebound )

- Execution Strategy: Reduce position by 50% after reaching Target 1, and move stop loss to entry price. Hold remaining position for Target 2. If the price oscillates between 33.35-33.45 for over 2 hours without rising, exit proactively.

Deep Logic: 1H RSI (56.53) is in a healthy bullish zone, with room to go higher. Order book depth shows buy orders accumulating in the 33.3-33.4 range (bid_ask_ratio_depth: 0.95), indicating strong support. Open interest trend is stable; price rising while open interest does not decline suggests it’s not purely driven by short covering. In a negative funding rate environment, continuous price increases could trigger a short squeeze. The key is whether the price can hold above 33.7 (4H EMA20) to open up larger space.

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