【$DASH Signal】Long - 1H breakout retest confirmation, building momentum under negative fee rate for another push

$DASH The 1H timeframe has completed a retest confirmation above EMA20 (34.53), with the current price stabilizing at the key level of 34.7, and strong buy-side depth. Although the 4H timeframe is in consolidation, the 1H momentum has returned. The negative funding rate (-0.0092%) indicates a risk of short squeeze, and stable open interest (OI) suggests funds have not exited. This is a typical short-term buildup structure.

🎯Direction: Long (Long)

🎯Entry/Order: 34.65 - 34.75 (Reason: 1H EMA20 support zone + current order book dense trading zone )

🛑Stop Loss: 34.25 (Reason: Break below 1H previous low support + 4H candlestick bottom )

🚀Target 1: 35.40 (Reason: 4H resistance level )

🚀Target 2: 36.00 (Reason: 1.618 Fibonacci extension level, corresponding to the previous rebound high )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: 4H trend is not fully clear, this is a 1H level battle )

- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to entry level. Hold remaining position for Target 2. If price stalls around 35.4, consider taking full profit.

Depth logic: 1H RSI (54.53) is in healthy bullish zone, buy-side strength (bid_ask_ratio_depth 0.95) is balanced but slightly strong. Watch the order book: sell wall above 34.73 is light, while there are many buy orders accumulated in the 34.6-34.7 range, forming a support cushion. In a negative fee environment, the price holding steady or rising instead of falling signals potential short squeeze. Combined with the bullish engulfing candle on the 1H chart at 14:00, the short-term bulls have regained control.

View real-time market 👇 $DASH

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包