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【$DRIFT Signal】Multiple armies are accumulating strength, 1H consolidation breakout imminent
$DRIFT 1H MACD is converging, volume remains high, funding rate -0.09% suggests bearish capital cost pressure. The order book sell-side depth is unbalanced -19%, buy orders are gradually moving up. Just one step away from the upper 4H Bollinger Band at 0.0369, a breakout will accelerate.
🎯Direction: Long
⚡Entry/Order: 0.0362410 - 0.0363500
🛑Stop loss: 0.0359865
🚀Target 1: 0.0368953
🚀Target 2: 0.0371679
🛡️Trade management: After reaching Target 1, reduce position by 50%, move stop loss to entry point. If the price pulls back below 0.03624, actively exit.
Current 1H RSI is 65, not overbought. If volume increases and breaks through 0.0365, subsequent momentum is worth expecting. Futures funding rate remains negative, bearish position costs are rising, and short squeeze probability increases.
Check real-time market 👇 $DRIFT
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