【$EDGE Signal】Pullback to add long positions, 1H level accumulating power and ready to launch

$EDGE The 1H level price repeatedly tests near EMA20, buying pressure clearly accumulates in the 1.018-1.020 range, forming a support base. The 4-hour MACD fast and slow lines remain above zero, but the histogram narrows, indicating short-term momentum slowing down, requiring a pullback for confirmation.

🎯Direction: Long

⚡Entry/Order placement: Layered entries in the 0.980 - 1.015 range

🛑Stop loss: 0.905

🚀Target 1: 1.230

🚀Target 2: 1.338

🛡️Trading management:
- Execution strategy: After the price reaches 1.230, reduce half of the position, and move the remaining stop loss up to 1.100. If the price fails to hold above 1.030 and drops below the entry average again, exit unconditionally.

Position size remains stable; the price has pulled back from the high but did not trigger a large-scale liquidation, indicating that the long positions are relatively solid. The 1-hour RSI hovers around 50 and has not entered overbought territory, leaving room for further upward movement. Market data shows that buy orders below 1.02 far exceed sell orders, with clear capital support intentions. The current risk-reward ratio is close to 2:1, making it a promising short-term opportunity. Patience in waiting for the right entry point is key to avoid chasing highs.

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