【$DASH Signal】Short squeeze continues, dip to go long

$DASH 1H level dip confirmation complete, price has regained above 43.5. The 4H MACD histogram is still expanding, but the 1H histogram is starting to converge, indicating short-term momentum is slowing down. Market depth shows significant buy orders accumulating between 43.4-43.5, while sell orders are increasing above 43.6. Negative funding rate of -0.184% continues to fuel the short squeeze, open interest remains stable, and shorts are still paying costs.

🎯Direction: Long

⚡Entry/Order: Enter directly around 43.23

🛑Stop loss: 32.96

🚀Target 1: 43.53

🚀Target 2: 43.70

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.

Currently, RSI has surged to 88, indicating a strong overbought signal, but in a negative funding rate environment, overbought conditions can last longer. The 1H price remains close to the upper band, Bollinger Bands have not yet contracted, and the bullish pattern remains intact. Although the risk-reward ratio at this position isn't ideal, the combination of negative funding and firm price suggests a final push driven by forced short covering. The market depth clearly reveals the support below 43.4, with heavy buy orders stacked there.

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