【$DASH Signal】Longs continue to squeeze, short squeeze in a negative fee rate environment

$DASH 1H level pullback confirmation completed, price has re-claimed above 45. The 4H Bollinger Bands are fully open, price is trading outside the upper band, MACD double lines continue to diverge upward. Market depth shows over 1,500 sell orders in the 45.2 to 45.23 range, but buy orders in the 44.9 to 45.0 range are also firmly supporting.

Currently, the negative fee rate is as high as -0.1887%, and open interest remains stable, yet the price is holding against the trend, which is a typical short squeeze structure. The risk-reward ratio is not ideal for chasing higher at this moment, but before momentum wanes, a pullback is an opportunity.

🎯Direction: Pull back to go long

⚡Entry/Order: Buy on pullback near 44.88, aggressive traders can try a small position at the current price of 45.11.

🛑Stop loss: Strictly below 33.89.

🚀Target 1: First target at 43.69.

🚀Target 2: Second target at 46.96.

🛡️Trade management:
- Execution strategy: When the price reaches 43.69, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 45.0 and quickly falls back, consider exiting early.

The 1H RSI has fallen from a high to 69, providing room for another upward move. The 4H level buy orders continue to push higher, volume amplifies at key levels, and capital is actively attacking. Despite the visible selling pressure above, in a negative fee rate environment, short positions' costs keep increasing, and any technical pullback could be quickly bought back by longs. Under this structure, the odds of contrarian shorting are very poor.

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