【$DASH Signal】1H Stabilization and Rebound, Playing the Oversold Correction

$DASH After forming a small double bottom in the 31.2-31.8 range on the 1H timeframe, the price has already broken above the 1H EMA20 (31.89) and is attempting to stabilize. The 4H timeframe remains in a downtrend, but consecutive long lower shadows indicate weakening bearish momentum. Currently, the price is declining but open interest remains stable, suggesting not institutional dumping but rather a short squeeze cleanup. Negative funding rate (-0.0332%) provides a good environment for short covering, and the 1H RSI (46.93) has exited the oversold zone, with rebound momentum building.

🎯Direction: Long (Long)

🎯Entry/Order: 31.75 - 31.85 (Reason: 1H EMA20 support zone + upper edge of previous 1H candlestick body )

🛑Stop Loss: 31.25 (Reason: Break below recent double bottom low + 1.5x ATR )

🚀Target 1: 32.50 (Reason: Previous rebound high resistance on the 4H timeframe + Fibonacci 0.382 retracement level )

🚀Target 2: 33.20 (Reason: 4H EMA50 dynamic resistance + previous small platform )

🛡️Trade Management:

- Position Size Suggestion: Light (Reason: 4H trend remains bearish, this is a counter-trend rebound with higher risk )

- Execution Strategy: Once the price reaches 32.50, move the stop loss up to the entry price of 31.85. Keep an eye on 33.20 for the remaining position; if the price stalls near 32.50, consider exiting all positions early.

Deep Logic: Market depth shows very strong buy orders in the 31.7-31.8 range (over 4000 contracts), forming a solid support. Stable open interest indicates funds are not leaving, and persistent negative funding rates may trigger short covering rebounds. The buy order ratio (is_taker_buying) on the 1H timeframe is genuine, showing active buying strength is starting to dominate. This is a typical oversold technical correction, with the key being whether the price can hold above the 1H EMA20 and break through the 32.0 level with volume.

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