【$DYDX Signal】Long - 1H breakout retest confirmed, main force clearly intends to support the market

At the 1-hour level, the price is consolidating strongly around 0.089, having just broken through a key resistance at the 4-hour level. The 1-hour chart shows the price has stabilized above the short-term moving averages, and the latest candlestick's buy volume ratio is extremely high at 99%, indicating strong bullish sentiment. Although the overall trend on the 4-hour chart remains choppy, the momentum breakout on the 1-hour chart combined with substantial buy-side order book depth creates a resonance effect—an excellent short-term trading opportunity.

🎯 Direction: Long

⚡ Entry/Order: 0.086 - 0.087

🛑 Stop Loss: 0.086

🚀 Target 1: 0.089

🚀 Target 2: 0.090

🛡️ Trade Management:

- Execution Strategy: When the price reaches the first target of 0.089, reduce the position by 50% to lock in profits, and move the remaining position’s stop loss up to the entry price of 0.087. If the price strongly breaks above 0.090, consider holding part of the position to capture larger gains.

Deep Logic: Open interest remains stable while the price rises driven by buy orders, indicating this is not a short squeeze but rather institutional funds orderly supporting and accumulating positions. The 1-hour RSI is at a healthy level of 65, with room for further upward movement. Order book data shows buy-side depth is significantly thicker than sell-side, with strong support below. Coupled with the 1-hour candlestick holding above the moving averages and volume confirming price action, this short-term rebound has strong momentum.

View real-time chart 👇 $DYDX

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