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【$EDEN Signal】Pullback to go long + 1H Bollinger Band middle line support
$EDEN 1H MACD momentum weakening, deep sell volume ratio relatively high. Current price 0.1384, slightly above the suggested entry zone upper limit 0.13777, order book buy pressure is weak but 4H Bollinger Band middle line 0.1073 remains well below. Place order at 0.13777 waiting for pullback, strict stop-loss at 0.08149. Keep the retracement within an acceptable range, the risk-reward ratio is not ideal at the current position, but if the price returns to the zone, support below is clear.
🎯Direction: Long (place order)
⚡Entry/Order: 0.13777
🛑Stop-loss: 0.08149
🚀Target 1: 0.16618
🚀Target 2: 0.19440
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop-loss to break-even. If the price falls back into the entry zone, exit automatically to protect principal.
Depth logic: OI stable, funding rate low, no short position buildup. 1H RSI drops to 53.98, after being absorbed, selling pressure still has rebound potential. 1H Bollinger Band middle line 0.1307 provides short-term support, order zone near this support.
Check real-time market 👇 $EDEN
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