【$DASH Signal】Hold Cash and Wait—Weak Rebound in a Downtrend, Deep Imbalance but Lacking Buying Confirmation

$DASH In a long-term downtrend, the market is undergoing weak consolidation, with prices suppressed below EMA20 (36.33), and rebounds are weak.

🎯Direction: Hold Cash (NoPosition)

Market Analysis: The 4H chart shows consecutive bearish candles, with buy/sell ratio consistently below 0.5, indicating dominant selling pressure. Although deep buy orders are stacking in the 34.8-35.0 range (imbalance 5.42%), this is only passive defense and has not turned into effective active buying to push prices higher.

Hardcore Logic: This is a typical continuation pattern in a downtrend. Funding rate is negative (-0.0288%), but open interest (OI) remains stable rather than increasing, ruling out a short squeeze. RSI (38.32) is in the weak zone but not oversold, so downward momentum is still present.

Key resistance is at EMA20 (36.33) and the recent high of 37.2, forming a supply zone. Without volume breakout above this area, any rebound is an opportunity to reduce positions or short, not to go long. Currently, there is no high-probability entry setup; risk control first, hold cash and observe.

Trade here 👇 $DASH

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