$DASH Signal】Waiting for a deep retracement, placing a long order for accumulation


$DASH Current price is 46.96. RSI_14 has surged to 77.57, and the 4H Bollinger upper band pressure at 47.8 is within reach. The 1H MACD has already formed a death cross, trading volume has been shrinking consecutively, and the sell-side order depth share is slightly higher (Bid/Ask Ratio 0.86). Bullish momentum is weakening, and chasing higher prices is risky. In terms of the risk-reward ratio, it is recommended to wait for the price to pull back to the lower support range before entering.

🎯Direction: Watch (place a long order)

⚡Entry/Order: 40.80 (recommended lower boundary of the range)

🛑Stop loss: 37.86

🚀Target 1: 46.92

🚀Target 2: 47.11

🛡️Trade management:
- Execution strategy: After the order is filled, when it reaches Target 1, reduce the position by 50%, and move the stop loss up to 42.00. If the price drops back to the entry level, automatically exit.

Depth logic: 40.80 is above the 4H EMA50 (38.04), and it also corresponds to support in the previous consolidation area. The current funding rate is 0.0031%, which is normal. OI is stable, with no evidence of a short squeeze. Wait for a retracement to go long; the risk-reward ratio is about 3:1, which is fairly reasonable.

Check real-time market 👇 $DASH
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