【$DASH Signal】Short squeeze continues, dip to go long

$DASH 1H level dip confirmation completed, price has risen back above 43.5. The 4H MACD histogram is still expanding, but the 1H histogram is beginning to converge, indicating short-term momentum is slowing down. Market depth shows significant buy orders accumulating in the 43.4-43.5 range, while sell orders start to thicken above 43.6. Negative funding rate -0.184% continues to fuel the short squeeze, open interest remains stable, and shorts are still paying the cost.

🎯Direction: Long

⚡Entry/Order: Enter directly around 43.23

🛑Stop loss: 32.96

🚀Target 1: 43.53

🚀Target 2: 43.70

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.

Currently RSI has surged to 88, a strong overbought signal, but in a negative funding rate environment, overbought conditions can last longer. The 1H price remains close to the upper band, Bollinger Bands have not yet contracted, and the bullish pattern remains intact. This position’s risk-reward ratio is not ideal, but the combination of negative funding and firm price suggests a final push driven by forced short covering. The market depth fully reveals the capital support intention, with very thick orders below 43.4.

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