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【$EDEN Signal】Pullback with multiple entries, 4H momentum still intact
$EDEN 1H MACD death cross expanding, RSI 52.4, Bollinger middle band at 0.0514 forming short-term resistance. 4H MACD golden cross but histogram narrowing, RSI 59.6, price retraced from 0.0708 to around 0.050.
Order book depth imbalance -23%, selling pressure is heavier, but negative funding rate -0.0341% and OI remain stable, bulls have not collapsed.
Pullback to the 0.044-0.045 range, which is above the 4H Bollinger middle band at 0.0418, is a natural support zone.
Risk-reward ratio is acceptable, stop-loss is tight, worth a try.
🎯Direction: Long (pullback limit order)
⚡Entry/Order: 0.04419
🛑Stop-loss: 0.04149
🚀Target 1: 0.05015
🚀Target 2: 0.05035
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, move stop-loss up to entry point.
- If the price retests around 0.044 without breaking through a second time, exit proactively.
Depth logic: 4H MACD remains positive, the area around 0.044 is a dense trading zone from previous volume-driven rally, high probability of support.
1H RSI shows no bottom divergence yet, but oversold zone is approaching, short-term selling pressure may exhaust, and a rebound could follow.
Check real-time market 👇 $EDEN
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