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【$DASH Signal】Pullback with additional +1H funds support, 4H bullish pattern remains unbroken
$DASH RSI 4H hits 73, 1H MACD histogram shrinks to 0.117, buying depth ratio of 1.33 indicates strong support below, but after a long upper shadow of 54.5 at 04:00 on the 21st, selling pressure emerges, current price 51.57 has broken away from the upper Bollinger Band at 52.27.
Short-term momentum is weakening, waiting for a pullback near the 1H EMA20 for a more stable entry.
Current risk-reward ratio is low, chasing high is not cost-effective, but the fund support structure remains intact.
🎯Direction: Long (pullback pending order)
⚡Entry/Order: 48.50 - 48.80 (selected from the suggested range 46.18-51.31)
🛑Stop loss: 44.88
🚀Target 1: 51.57
🚀Target 2: 51.77
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
- If price falls back into the entry zone, automatically exit to protect capital.
Depth logic: The rapid contraction of the 1H MACD histogram reflects weakening buying pressure, but the 4H MACD remains above zero, indicating the bullish trend is not negated.
Order book depth Bid/Ask 1.33 shows active support below, and a pullback to EMA20 will form a double support.
Note that the funding rate of 0.0048% is normal, with no liquidation risk.
View real-time market 👇 $DASH
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