【$DASH Signal】Short squeeze pullback, sniper for a second surge

$DASH 1H level rally and pullback, RSI quickly cools from 85 to 67, 4H Bollinger Bands have broken out of the upper band, short-term divergence is too large. The order book is stacked with sell orders above 41, with a clear gap on the buy side, but the funding rate remains negative, indicating shorts have not fully exited.

🎯Direction: Pullback to go long

⚡Entry/Order placement: Between 34.39 and 40.69, if the price pulls back near 40.69, enter in batches.

🛑Stop loss: 32.50

🚀Target 1: 40.88

🚀Target 2: 41.04

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

In a negative funding rate environment, open interest remains stable, indicating that shorts are still present. Although the 1H MACD double lines are high, the histogram has started to contract, which is a typical consolidation during an upward correction. The current risk-reward ratio isn't perfect, but the potential momentum from a negative funding rate short squeeze warrants a small position to attempt a quick rebound. The key is whether the price can find solid support in the previous breakout zone of 40.5-40.7.

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