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【$EDGE Signal】Capital support + 1H pullback support, long positions hidden
$EDGE The top buy order on the order book is 0.4217, accumulating nearly 500k, with sparse sell orders, indicating a clear intention of capital defense. The 1H Bollinger lower band at 0.4131 forms a strong support, MACD histogram turning negative but the fast line is about to cross bullish, signs of exhaustion in selling pressure.
🎯Direction: Long
⚡Entry/Order: 0.42273 - 0.42400
🛑Stop loss: 0.41976
🚀Target 1: 0.43036
🚀Target 2: 0.43354
🛡️Trade management: - After reaching Target 1, reduce position by 50%, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
The 4H EMA20/50 bullish alignment remains intact, despite a short-term pullback, the buying depth support is clear, and a 0.005% low fee rate reduces holding costs for long positions. A risk-reward ratio of 1.5 is quite reasonable.
Check real-time market 👇 $EDGE
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