$DASH Signal】Bull-Bear Battle, Waiting for 1H Level Direction Confirmation



$DASH The 1H level is currently oscillating narrowly between 34.7-34.9, representing a brief pause within the 4H downtrend. The price is under pressure below the 1H EMA20 (35.09), but the 1H RSI (38.57) has exited the oversold zone, indicating short-term selling pressure is easing. The 4H level remains in a downward channel, but open interest is stable with no signs of panic selling. We are on the eve of a potential trend reversal, awaiting clear signals.

🎯 Direction: Watch and Wait (Pending Order Strategy)

⚡ Pending Order Strategy:

1. Long Trigger: Price breaks above and stabilizes at 35.10 (Reason: 1H EMA20 resistance + previous small platform high).

2. Short Trigger: Price falls below 34.50 (Reason: previous low support + continuation of 4H downtrend).

🎯 Entry / Pending Orders:

- Long Entry: After breaking 35.10, enter on pullback in the 35.15-35.25 range (Reason: Breakout confirmation + pullback confirmation).

- Short Entry: After falling below 34.50, enter on pullback in the 34.45-34.35 range (Reason: Accelerated breakdown).

🛑 Stop Loss:

- Long Stop Loss: 34.85 (Reason: Below breakout level, ATR approximately 0.91).

- Short Stop Loss: 34.95 (Reason: Upper boundary of previous consolidation zone).

🚀 Target 1:

- Long Target: 36.00 (Reason: Previous rebound high on the 4H level).

- Short Target: 33.80 (Reason: Previous low support zone).

🚀 Target 2:

- Long Target: 36.50 (Reason: Dynamic resistance at 4H EMA50).

- Short Target: 33.20 (Reason: Previous low on the daily chart).

🛡️ Trading Management:

- Position Size Suggestion: Light position (Reason: Direction is uncertain, belongs to a breakout/breakdown game).

- Execution Strategy: Regardless of long or short, reduce position by 50% after reaching Target 1, and move stop loss to entry price (break-even). Hold remaining position for Target 2. If price triggers a reverse stop loss, exit decisively.

Deep Logic: Market depth shows buy orders (34.6-34.5 area) are significantly thicker than sell orders (34.74-34.8 area), with an 18.66% depth imbalance, indicating strong support from major players below. Open interest remains stable; price declines have not caused a liquidation cascade, possibly a shakeout. Slight negative funding rate (-0.0045%) suggests low short-squeeze risk. The key is whether the 1H level can hold above EMA20 to reverse the short-term downtrend.

Check real-time quotes 👇 $DASH

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