【$EDGEUSDT Signal】Secondary upward move confirmed after pullback

$EDGEUSDT The 4-hour timeframe price has broken above the upper Bollinger Band, but the 1-hour timeframe shows a decrease in volume with a pullback. Buy orders are clearly stacked in the 0.9580-0.9590 region, far exceeding the sell orders above, indicating a clear intention of support from funds. Although the 1-hour MACD lines are high, the fast and slow lines have not yet crossed, and bullish momentum remains. Open interest remains stable, with no signs of panic selling after a price surge, indicating a relatively healthy chip structure.

🎯Direction: Long

⚡Entry/Order: Enter in batches within the 0.9550 - 0.9600 zone

🛑Stop Loss: 0.9380

🚀Target 1: 1.0000

🚀Target 2: 1.0500

🛡️Trade Management:
- Execution Strategy: After reaching the first target, move half of the position's stop loss up to the entry price. Hold the remaining position to aim for the second target. If the price pulls back and breaks below the 1-hour EMA20, exit all positions.

Order book data shows that buy depth is more than twice the sell depth, providing natural buffer during price pullback. The 1-hour RSI has fallen from overbought territory to 71, releasing some overheating pressure and making room for further upward movement. The 4-hour MACD histogram is still expanding, indicating the larger cycle trend remains intact. The current risk-reward ratio is close to 4:1, making this trade highly attractive.

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