【$EDGE Signal】Pullback to add long positions, initial signs of a short squeeze structure

$EDGE 1H level rebounds after a rally, 4H Bollinger Bands fully open, price breaks above the upper band. MACD double-cycle golden cross, bullish momentum continues to be released. Open interest remains stable, funding rate is moderate, no signs of overheating.

🎯Direction: Long

⚡Entry/Order: Layered entries in the 0.7638 - 0.7835 range

🛑Stop loss: 0.7264

🚀Target 1: 1.0117

🚀Target 2: 1.1258

🛡️Trade management:
- Execution strategy: After reaching Target 1, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.83, consider exiting early.

Order book depth shows significant buy-side support, with orders concentrated below 0.87, indicating strong buying interest. The 1-hour RSI has pulled back from high levels to around 70, providing a healthy retracement space. The 4-hour volume and price are rising together, with this bullish candle fully engulfing the previous consolidation zone, clearly showing signs of institutional entry. The current risk-reward ratio exceeds 4, making this layered entry highly favorable.

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