【$DYM Signal】Long | Healthy Pullback After Short Squeeze Initiation

$DYM After a single-day surge of over 60%, it is now undergoing healthy cooling and liquidity rebuilding just above the key breakout level.

🎯Direction: Long

🎯Entry: 0.0483 - 0.0490

🛑Stop Loss: 0.0472 (Rigid stop loss, below previous low and EMA20 support)

🚀Target 1: 0.0550

🚀Target 2: 0.0575

Hardcore Logic: A massive bullish candle on the 4H chart (volume increased 70 times) from 0.039 directly surged to 0.063, which is a typical short squeeze initiation signal. The current funding rate is negative (-0.0233%), but open interest (OI) remains stable, indicating that shorts have not fully exited, and the short squeeze fuel is still present.

Market Analysis: The price is currently pulling back to the midpoint of the massive candle (0.0513) and near the Fibonacci 0.382 level (0.0490), indicating a healthy profit-taking. Order book depth shows buy orders (Bids) far exceed sell orders (Asks), with an imbalance ratio of 20.81%, suggesting institutions are placing orders at key levels to absorb supply.

Key Data: RSI (64.96) has cooled down from overbought territory but not entered oversold. The price remains well above EMA20 (0.0439), maintaining a solid trend structure. ATR indicates increased intraday volatility, so stop-loss levels should be set with enough room. This pullback is a golden entry point within the trend, not a reversal.

Trade here 👇 $DYM

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