【$DASH Signal】Long - 1H breakout pullback confirmation, clear signs of main force supporting the market

$DASH The 1H timeframe has experienced a volume breakout and is now in a healthy pullback confirmation stage. The price is consolidating strongly in the 34.0-34.3 range. The 1H EMA20 (33.31) and EMA50 (32.96) have formed a bullish alignment, forming dynamic support. On the 4H level, the price has broken above all short-term moving averages and surpassed the previous consolidation range upper boundary (33.8), indicating an upward trend. The key point is: while the price has risen by 6.78%, open interest (OI) remains stable, and the bid/ask ratio (Bid/Ask Ratio: 0.87) shows strong support below. This is not just a short squeeze but more like the main capital gradually accumulating and supporting the rise after mild accumulation. Currently, the 1H RSI (64.55) has pulled back from the overbought zone, providing another entry opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 33.85 - 34.05 (gradually enter near the current price)

🛑Stop Loss: 33.35 (below the 1H EMA50 and previous low support)

🚀Target 1: 35.20 (previous high resistance and 4H Fibonacci 0.382 extension)

🚀Target 2: 36.50 (daily descending trendline resistance and previous dense chip area)

🛡️Trade Management:

- Position: Standard position. Can build in three batches at 33.85, 34.00, 34.05, with an average price around 34.0.

- Execution Strategy: After reaching Target 1 (35.20), reduce position by 50%, and move the stop loss of the remaining position up to the entry average price (34.0). If the price strongly breaks through 35.20 and stabilizes, move the remaining position’s stop loss to hold and aim for Target 2.

Depth Logic: Market depth shows sparse sell orders above 34.04 (only 74 contracts), while buy orders in the 34.00-33.90 range exceed 2000 contracts, forming a solid support wall. This depth imbalance (-7.01%) indicates very light selling pressure, and the main force intends to keep the price at current levels. Combined with the volume contraction after the breakout on the 1H K-line, this is a typical “breakout-pullback-rebound” strong structure. The funding rate is only 0.0036%, indicating no overheating risk and leaving room for further upward movement.

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