【$DYDX Signal】1H breakout pullback confirmation, main force supports the market, targeting short-term rebound

$DYDX The 1H timeframe is strongly consolidating above EMA20, with the price stabilizing above the key level of 0.106. Although the 4H timeframe is in a downtrend channel, three consecutive bullish candles indicate weakening bearish momentum. The bid_ask_ratio_depth at the 1H level (1.74) is significantly stronger than the sell side, showing clear main force support. The price remains firm under negative funding rates, open interest (OI) is stable, and there is potential for short squeeze.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.106 - 0.1065 ( Reason: 1H EMA20 support zone & dense trading zone of the previous hour's candlestick )

🛑 Stop-loss: 0.104 ( Reason: Break below the 4H bullish start point & key round number )

🚀 Target 1: 0.1085 ( Reason: Previous high resistance & first accumulation zone of order book )

🚀 Target 2: 0.111 ( Reason: 4H EMA50 dynamic resistance & 1.272 Fibonacci extension level )

🛡️ Trading Management:

- Position suggestion: Light position ( Reason: The 4H major trend remains bearish, this is a counter-trend rebound play )

- Execution strategy: After the price reaches 0.1085, reduce position by 50% and move stop-loss up to entry price 0.1065. Hold the remaining position to target the second level; if the price pulls back below 0.1065, exit all positions.

Depth logic: Since rebounding from 0.1, the 4H volume has been increasing in a stepwise manner, a typical sign of capital inflow. The 1H RSI (59.28) is in a healthy bullish zone, not overbought. The order book depth imbalance reaches 27.08%, with buy orders significantly thicker below than above, indicating strong downward resistance. Negative funding rates combined with rising prices are classic signs of a short squeeze setup. Currently, this is a confluence of 1H momentum and order book structure supporting a long entry.

Trade here 👇 $DYDX

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