【$DASH Signal】Short squeeze pullback, long positions hidden

$DASH 4H timeframe price breaks above the Bollinger upper band, RSI approaches 80, short-term overbought. But the 1H timeframe has already pulled back from the high, RSI recovered from high levels to 64, selling pressure was quickly absorbed after a break in buying. The order book is rapidly canceling orders, but there are thick orders in the 43.1 to 43.2 range below, fully exposing the capital support intention. Negative fee rate of -0.24% combined with stable open interest, the passive bearish situation remains unchanged.

🎯Direction: Pullback to go long

⚡Entry/Orders: 43.04 - 36.23

🛑Stop loss: 33.41

🚀Target 1: 43.25

🚀Target 2: 43.42

🛡️Trade management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect principal.

Liquidity usually dries up during weekend early mornings, and volatility may increase. The current risk-reward ratio is not perfect, but the short squeeze logic under the negative fee rate environment still holds. The price holding above key support demonstrates the resilience of the bulls. The 1H MACD fast and slow lines remain above zero, with the histogram contracting, indicating a consolidation in the upward trend. This position is betting on a secondary push driven by short covering, not the main upward wave.

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