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【$DRIFT Signal】Pullback with multiple entries | The 4H bullish structure is not broken, 1H short-term shakeout
$DRIFT 1H MACD death cross confirmed, the buying ratio remains continuously below 0.5, and sellers suppress the price step by step. The upper band of the 4H Bollinger at 0.0428 forms a short-term resistance, but the 4H MACD histogram is still expanding, and the trend momentum has not yet weakened. The deep imbalance of -3.25% indicates thin buy-side orders; the main force intends to push the price lower to clear leverage. The current risk-reward ratio needs you to wait for a retracement/pullback to confirm; directly chasing longs is unsafe.
🎯Direction: Long (place orders)
⚡Entry: 0.03800 - 0.03850 (recommended range 0.03798-0.04210, buy-low on the dip area)
🛑Stop loss: 0.03682
🚀Target 1: 0.04236
🚀Target 2: 0.04253
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move the stop loss up to 0.03850. If the price falls back below the entry level, exit proactively to protect principal.
After a massive rally on 4H volume 387M, the volume contracts during the pullback, which is considered healthy rotation. The funding rate is 0.005%, which is relatively low, while the risk of shorting is building. Here, going long to compete in a second test of the prior high, with a clear stop loss and a reasonable risk-reward ratio.
View real-time market 👇 $DRIFT
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