【$EDGE Signal】Pullback confirmation followed by a second surge by the bulls

$EDGE After a rally on the 1H timeframe, the price pulls back to test the EMA20. Buying interest quickly absorbs around 1.057, and the price rapidly rebounds. On the 4H timeframe, the price has already broken above the upper Bollinger Band, with the MACD lines continuously diverging upward, and open interest remains high. This is not a simple pump and dump.

🎯Direction: Long

⚡Entry/Order: 1.058 - 1.068

🛑Stop Loss: 1.048

🚀Target 1: 1.109

🚀Target 2: 1.171

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

Order book data shows a heavy cluster of orders below 1.100, indicating clear support intent. Although the 1H RSI is in the overbought zone, no bearish divergence has formed, and combined with the continuously expanding MACD momentum on the 4H, the foundation for this rally appears more solid. The current risk-reward ratio is close to 4:1, making the odds favorable.

View real-time market 👇 $EDGE
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate广场四月发帖挑战 #加密市场行情震荡 #国际油价走高