【$DYDX Signal】1H Level Rebound Brewing, Sniping Oversold Rebound Opportunity

$DYDX The 1H level has formed a short-term consolidation platform in the 0.096-0.100 range, with the price attempting to stabilize above the 1H EMA20 (0.0985). Although the 4H level remains in a downtrend, the latest candlestick closed bullish and buying volume has increased to 0.48, indicating weakening bearish momentum and a short-term oversold rebound trading opportunity. Open interest remains stable, and the price decline has not triggered large-scale deleveraging, suggesting that the main force may be defending the market here.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0985 - 0.0990 (Reason: Stabilize above 1H EMA20, break through the upper boundary of the hourly consolidation )

🛑Stop Loss: 0.0959 (Reason: Break below the recent consolidation low of 0.096 and below the ATR lower band )

🚀Target 1: 0.1020 (Reason: Previous minor high and EMA20 resistance at the 4H level )

🚀Target 2: 0.1045 (Reason: Previous high resistance at the 4H level and Fibonacci 0.382 retracement level )

🛡Trade Management:

- Position Size Suggestion: Light position (Reason: The 4H trend is still bearish, this is a counter-trend rebound in a small timeframe against the larger trend )

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss up to the entry price of 0.0990. For the remaining position, look toward Target 2. If the price encounters resistance at 0.100 and falls back below 0.0985, exit all positions.

Deep Logic: The 1H RSI has rebounded from lows to 49, exiting the oversold zone. Market depth shows that the sell order at 0.100 has nearly 2 million in pressure, serving as a key short-term resistance. Once broken, the resistance above at 0.102 is relatively sparse, potentially triggering a rapid rally. Open interest remains stable during the price decline, indicating it is not panic selling but rather the end of a bearish liquidation phase dominated by short covering. Coupled with the recent 1-hour candlestick showing increased buying volume, the probability of a short-term rebound increases.

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