【$DASH Signal】V-Shaped Rebound! 1H Oversold Divergence + 4H Key Support, Initial Signs of Main Force Protecting the Market

$DASH The 1H timeframe is consolidating with decreasing volume in the 32.8-33.4 range, RSI(1H) has fallen to 33.36 into the oversold zone, forming a potential bullish divergence with the price. Although the 4H timeframe is still in a downtrend channel, the price has approached the long-term trendline support extended from the January lows, and open interest(OI) remains stable during the price decline, indicating it’s not main force dumping, but more like a passive liquidation of long positions after a forced stop-out. The order book shows sell orders stacking at 33.0-33.1; a breakout above this level could trigger short covering.

🎯Direction: Long (Long)

🎯Entry/Order: 32.85 - 33.00 (Reason: Potential double bottom neckline on 1H timeframe + dense support zone in the order book)

🛑Stop Loss: 32.65 (Reason: Break below recent 1H low of 32.78 and ATR(14) lower band)

🚀Target 1: 33.60 (Reason: 1H EMA50 resistance + previous minor high)

🚀Target 2: 34.20 (Reason: Strong resistance at 4H EMA20)

🛡️Trading Management:

- Position Size: Light (Reason: Overall daily trend remains bearish, this is a counter-trend rebound play)

- Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price cannot effectively break above 33.30 (1H EMA20), consider closing early.

Deep Logic: The key signal is ‘Price drops, OI remains stable’. Market logic suggests ‘Price declines, check open interest to determine whether it’s a long liquidation or main force distribution’. Currently, OI stays around 481,000 and has not decreased in tandem with the price, ruling out large-scale main force dumping. Meanwhile, the negative funding rate(-0.0236%) indicates bears are dominant, but if the price stops falling, a short squeeze could easily occur. The bullish divergence on 1H RSI is a leading indicator of a rebound. The buy orders in the 32.8-33.0 zone are significantly thicker than sell orders above, providing a foundation for the rebound.

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