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【$DRIFT Signal】Pullback to buy, capital support intentions exposed
$DRIFT 1H level rally and pullback, current price around 0.0328 sideways. 4H MACD histogram turns red, but price remains below the middle Bollinger Band. The order book buy depth is significantly thicker than sell orders, with a bid/ask ratio reaching 1.2, fully revealing capital support intentions. Negative fee rate of -0.0376% provides short squeeze fuel.
🎯Direction: Long
⚡Entry/Order: Pending orders in the 0.0296 - 0.0303 range
🛑Stop loss: 0.0232
🚀Target 1: 0.0589
🚀Target 2: 0.0733
🛡️Trade management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect principal.
Position remains stable at 148 million, no large-scale liquidations during price decline, indicating relatively healthy chip structure. 1-hour RSI is 47.6, in a neutral zone with room for upward correction. Current risk/reward ratio is close to 4, with a clear odds advantage. Such deep order book imbalance often indicates main force absorbing or defending positions, rather than retail behavior.
View real-time quotes 👇 $DRIFT
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