$DYDX Signal】Oversold Rebound Sniper! 1H RSI Seriously Oversold, Initial Signs of Main Force Supporting the Market



$DYDX The 1H timeframe just experienced a waterfall decline, with RSI dropping to 28, entering an extremely oversold zone. Although the 4H trend is downward, the latest 4H candle closed with a long lower shadow, and open interest (OI) remains stable, indicating it’s not main force dumping but rather a passive liquidation of long positions causing a stampede. Market depth shows unusually thick buy orders in the 0.088-0.085 range, clearly indicating main force support. This is a typical oversold rebound trading opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0885 - 0.0895 (Reason: Current price has reached a large buy order zone; wait for stabilization signals on the 1H timeframe )

🛑Stop Loss: 0.0850 (Reason: Break below the support zone of large buy orders; rebound logic invalidated )

🚀Target 1: 0.0940 (Reason: Resistance at the 20-period EMA on the 1H chart and a previous small platform )

🚀Target 2: 0.0975 (Reason: Strong resistance at the 20-period EMA on the 4H chart )

🛡️Trade Management:

- Position Size Suggestion: Light (Reason: Counter-trend trading, high risk )

- Execution Strategy: If price rebounds near 0.0920, reduce position by 30% to lock in some profits. Move the remaining stop loss up to the entry price of 0.0890. If the price strongly breaks through 0.0940, move the stop loss up to 0.0920 to aim for the second target.

Depth Logic: Price plunged 10% but OI remained stable, indicating that the move was driven by futures long liquidation rather than spot main force selling. The 1H RSI(28) and 4H RSI(20.85) are both severely oversold, signaling an imminent technical rebound. Market depth imbalance reaches 6.94%, with selling pressure concentrated between 0.089-0.090. Once this area is broken, resistance above is sparse, and the rebound could accelerate quickly. This is a short-term value correction trade based on the release of panic sentiment.

Check real-time market 👇 $DYDX

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