$DYM entered a healthy cooldown after a violent surge, with prices consolidating above a key breakout level. This is a typical short squeeze structure.
🎯 Direction: Long
🎯 Entry: 0.0465 - 0.0475
🛑 Stop Loss: 0.0453 (below the previous low and EMA20 support, hard stop loss)
🚀 Target 1: 0.0530
🚀 Target 2: 0.0575
Market Analysis: A massive bullish candle on the 4H level (+39%) directly broke through a long-term downtrend, signaling a clear entry for the main funds. Subsequently, the price retraced with reduced volume, and buying pressure formed dense support around 0.047 (deep imbalance at 10.46%, significant buy order thickness).
Hard Logic: Currently, this is a typical short squeeze market. The funding rate of -0.0831% is negative, but the open interest remains stable at a high of 56.5 million, indicating that shorts are still resisting but are being continuously squeezed. RSI 59.41 has healthily retraced from the overbought zone to neutral, preparing for a second upward attack.
Key Level: The starting point of the violent surge at 0.039 has become a new Order Block and strong support. The current price operates above EMA20 (0.0441), and the trend has turned bullish. The stop loss is set below the previous low of 0.0453, and the logical invalidation point is the destruction of the bullish structure.
Risk Warning: If the price breaks down below 0.0453 with increased volume, the short squeeze logic becomes invalid, and an immediate exit is required. The current risk-reward ratio > 2.5, fitting a high win-rate trading framework.
Trade here 👇$DYM
---
Follow me: Get more real-time analysis and insights into the crypto market!
