$DYDX 1H level consolidates with decreasing volume in the 0.094-0.096 range, RSI(1H) has entered the oversold zone (41.41), forming a potential bullish divergence with the price. Although on the 4H timeframe the price is in a downtrend channel, open interest (OI) remains stable and not decreasing, and the order book shows unusually thick buy-side depth at 0.094-0.093, indicating that funds are supporting the price. Currently, the price is falling but OI is not decreasing, combined with a positive funding rate, suggesting a potential short squeeze rebound opportunity.


🎯Direction: Long (Long)
⚡Entry/Order: 0.0945 - 0.0950
🛑Stop Loss: 0.0928
🚀Target 1: 0.0985
🚀Target 2: 0.1010
🛡️Trade Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to the entry price of 0.0950. Hold the remaining position for Target 2; if the price retraces and breaks below the trailing stop, exit all positions.
Depth logic: Price dropped from 0.102 to 0.094, but 4H OI remains stable, which is not typical of main force unloading, more like long leverage liquidation. The 1H RSI shows a bullish divergence signal, and the order book shows over 5.7 million USDT in buy orders below 0.094, forming a short-term strong support. Combined with a slightly positive funding rate, there is a risk of a short squeeze. This is a short-term rebound game based on support levels and capital behavior.
View real-time market 👇$DYDX #Gate广场发帖领五万美金红包
DYDX-6.81%
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