【$DRIFT Signal】1H strong breakout, chasing longs requires waiting for a pullback

RSI on 1H skyrocketed to 72.92, price has broken through the 4H Bollinger upper band at 0.0426, current price is 0.04475.
Buyers continue to push higher, 1H MACD bullish_expanding, but funding rate at 0.005% is not overheated.
Currently, chasing at high has a very poor risk-reward ratio, with target 1 only 0.04479 just a short distance away, and stop loss at 0.03672 is too far.
Waiting for a pullback to the suggested entry zone upper limit of 0.04453 to go long, aiming to capture inertia-driven upward profits.
After this rapid surge, whether the buying power can sustain needs observation, but momentum remains, with light positions mainly testing the waters.

🎯Direction: Long (wait for pullback to place order)

⚡Entry/Order: 0.04453

🛑Stop Loss: 0.03672

🚀Target 1: 0.04479

🚀Target 2: 0.04496

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

(Depth logic: 4H Bollinger bands widening, buy depth indicator at 1.19 shows active buying dominance, but open interest is stable and the fee rate is neutral, indicating no short squeeze structure. After 1H volume explosion, short-term overbought conditions need digestion, a pullback to the middle Bollinger band at 0.0399 is a better support level, but if 0.04453 is directly triggered, it is regarded as a breakout confirmation.)

View real-time market 👇 $DRIFT
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍