【$EDGE Signal】Pullback to Long/Short Structure

$EDGE A massive bullish candle on the 4-hour chart directly pierced through the upper band, indicating the price has moved away from the core of the Bollinger Bands. The 1-hour MACD momentum histogram has started to shrink, typical of a sharp rise followed by consolidation at high levels. The order book below 0.6700 is densely packed with buy orders, clearly indicating capital support.

🎯Direction: Go Long(Pullback Pending Orders)

⚡Entry/Pending Orders: 0.5907 - 0.6060

🛑Stop Loss: 0.5789

🚀Target 1: 0.7142

🚀Target 2: 0.7683

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Position size remains stable, funding rate has turned positive but is not at extreme levels. Under this scenario, the price resists deep correction, and bears face the risk of being squeezed. The 1-hour RSI has fallen from overbought levels to around 66, providing a healthy retracement space. The buy volume in the 0.6700 to 0.6690 area below is much thicker than the sell volume, forming the first line of defense. This kind of movement suggests that patiently waiting for a pullback is more favorable for risk-reward than chasing highs.

View real-time market 👇 $EDGE
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