【$EDGE Signal】Pullback to buy, 1H level charging

$EDGE The 1H level repeatedly tests around 0.606, with buy orders significantly deeper than sell orders. The order wall below at 0.6110 is very thick. The 4-hour MACD histogram is still contracting above the zero line, indicating that bullish momentum has not fully exhausted. Currently, the price is hovering below the 1-hour EMA20, but the 4-hour EMA50 provides medium-term support. This multi-timeframe misalignment often serves as a breeding ground for short-term explosive moves.

🎯Direction: Long

⚡Entry/Order: 0.6004 - 0.6100 range, staggered placement

🛑Stop Loss: 0.5855

🚀Target 1: 0.6592

🚀Target 2: 0.6838

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

Order book data shows a depth imbalance exceeding 60%, with sparse short orders. Open interest remains stable, and no large-scale capital outflows are observed during price pullbacks, indicating that the main players are still active in the market. The 1-hour RSI stabilizes around 50 and has not entered oversold territory, suggesting this is more of a healthy chip exchange rather than a trend reversal. The 4-hour Bollinger middle band is rising, and the price is retracing to the middle band area. Coupled with positive funding rates, market sentiment leans toward absorption rather than panic selling.

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