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【$EDGE Signal】 Pullback confirmation, sniping from the right side
$EDGE 1H level retracement on decreasing volume toward EMA20, with the price consolidating around 1.13. The buy-side depth is solid, and the intention to hold up the funds is fully exposed. The 4H MACD histogram is still expanding; the price is standing above the Bollinger upper band, and the strong momentum characteristic remains unchanged.
🎯 Direction: Long
⚡ Entry/Order: 1.132 - 1.138
🛑 Stop Loss: 1.125
🚀 Target 1: 1.185
🚀 Target 2: 1.235
🛡️ Trade Management:
- Execution Strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the entry level. Use the remaining position to target Target 2; if the price drops back to the entry level, automatically exit to protect principal.
Position size remains stable. After a sharp surge, there hasn’t been any capital outflow—there are clear signs that the main force is supporting the market. The 1-hour RSI has fallen back from high levels to around 70, providing healthy room for a pullback. The current risk-reward ratio is close to 4:1, and the odds are quite favorable. The key is whether 1.13 can hold as the dividing line between bulls and bears.
Check 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