【$EDGE Signal】Short squeeze in progress, pullback is an opportunity

$EDGE 1H timeframe shows a rally followed by consolidation at high levels, RSI at 73.11, buying interest remains strong. The 4H timeframe price has already broken above the upper Bollinger Band, and the MACD histogram continues to expand, indicating sustained bullish momentum. The order book shows heavy orders below 1.0940, with clear intent of support from funds.

🎯Direction: Pullback to go long

⚡Entry/Order: Gradually accumulate in the 0.9796 - 1.0049 range

🛑Stop Loss: 0.9653

🚀Target 1: 1.1631

🚀Target 2: 1.2422

🛡️Trade Management:
- Execution strategy: Reduce 50% of positions 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.

Funding rates and open interest are rising in tandem, indicating a typical short squeeze structure is forming. The 1-hour trading volume did not significantly increase during the pullback, and selling pressure was quickly absorbed. The 4H MACD double lines are opening above the zero line, showing good trend continuation. The current risk-reward ratio exceeds 4, and a pullback near the EMA20 is a controllable entry point.

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