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【$EDGE Signal】Pullback to buy, 1H-level capital support intention exposed
$EDGE 1H level is forming a base around 1.027, with solid buy-side depth. Dense orders are placed in the 1.025-1.026 area below, fully exposing the capital support intention. Although the 4H-level MACD is converging, overall it is still in the bullish zone. Position size is stable, and no large-scale capital withdrawal is observed.
🎯 Direction: Long
⚡ Entry/Order: 1.025 - 1.030
🛑 Stop Loss: 0.92
🚀 Target 1: 1.45
🚀 Target 2: 1.66
🛡️ Trade Management:
- Execution Strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to breakeven. If the price drops back to the entry area, you will exit automatically to protect principal.
1-hour RSI is neutral but slightly strong. The 4-hour RSI is high but not overheated. The order book shows sell orders starting to stack above 1.028, but the downside bids/support are even more active. Position size remains stable; the funding rate is moderate, with no signs of excessive leverage. Under this structure, if price can hold steady in the current range, the subsequent momentum is worth expecting. The risk-reward ratio is close to 4:1, and the odds for this setup are quite good.
View real-time market 👇 $EDGE
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#Gate广场四月发帖挑战 #三月非农数据来袭 #加密市场行情震荡