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【$DASH Signal】Short squeeze pullback, sniper long position
$DASH 1H timeframe surges then pulls back, price holding near the upper Bollinger Band. The 4H MACD fast and slow lines are opening upward, indicating bullish momentum is still expanding.
🎯Direction: Long
⚡Entry/Order: 36.43 - 45.00
🛑Stop loss: 33.49
🚀Target 1: 45.25
🚀Target 2: 45.44
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
Order book depth shows over 500 coins of sell orders stacked above 45.30, with active buy support around 45.20. Negative funding rate of -0.15% combined with stable open interest indicates the bearish passive situation remains unchanged. The 1-hour RSI has fallen from overbought territory to 74, providing the price with a healthy breathing space. Under this structure, chasing the high directly carries risks, but pulling back to key moving averages or previous high breakout levels offers a better risk-reward ratio.
View real-time market 👇 $DASH
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