【$EDGEUSDT Signal】Pullback to go long / 4H Bollinger Band breakout and consolidation

$EDGEUSDT 1H timeframe surged then pulled back, with price consolidating sideways around 0.68. The 4-hour candlestick broke out above the upper Bollinger Band, a typical sign of strong capital-driven momentum, but a healthy short-term pullback is needed to confirm support strength. Open interest remains stable, and the price is still resilient in a negative funding rate environment, with the bearish passive situation unchanged.

🎯 Direction: Long (buy on pullback)

⚡ Entry/Order: Layered entries between 0.5777 and 0.5926

🛑 Stop-loss: Below 0.5711

🚀 Target 1: 0.6787

🚀 Target 2: 0.7218

🛡️ Trading management:
- Execution strategy: After reaching the first target, reduce half of the position to lock in profits, and move the stop-loss of the remaining position up to the entry price. If the price fails to hold above 0.68 and falls back, exit all positions.

Buy order depth around 0.678 is unusually thick, indicating clear support from funds. Although the 1-hour MACD momentum bars are contracting, the dual lines remain above zero, indicating a consolidation phase in an ongoing uptrend. The 4-hour MACD just completed a golden cross and crossed above zero, signaling an early trend reversal. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to use a smaller stop-loss to capture the trend continuation.

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