$DRIFT Signal】Pullback to add long positions, 1H level capital support exposure revealed


$DRIFT The 4H level shows a violent surge from the lower Bollinger Band, with a single bullish candle piercing through the upper band, then retracing to near the middle band. Currently on the 1H level, the price repeatedly tests below the EMA20 (0.0332), but has not effectively broken below the 0.031 area. Market depth data is very interesting, with buy orders far exceeding sell orders, Bid/Ask Ratio reaching 2.27, and heavy orders below 0.0324, fully exposing the capital support intention. Negative funding rate (-0.0097%) combined with stable open interest indicates that shorts are paying fees, fueling the bulls' rebound.

🎯Direction: Long

⚡Entry/Orders: Layered entries in the 0.0294 - 0.0301 range

🛑Stop-loss: 0.0231

🚀Target 1: 0.0583

🚀Target 2: 0.0724

🛡️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, automatically exit to protect capital.

The 1H MACD histogram begins converging below the zero line, indicating weakening bearish momentum. The 4H MACD fast and slow lines have formed a golden cross and are diverging upward, signaling a positive trend shift. Although RSI is in a neutral zone of 43-47, combined with unusually thick buy orders and negative fee environment, this looks more like a consolidation phase in an uptrend. Stable open interest suggests it’s not just profit-taking, but new funds are entering. The risk-reward ratio is close to 4, making this entry quite favorable.

View real-time market 👇 $DRIFT
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