【$EDEN Signal】Long - 1H breakout retest confirmation, main force clearly intends to support the market

$EDEN The 1H timeframe has experienced a massive rally and is currently in a strong consolidation at high levels. The price has stabilized above the short-term moving average, and on the 4H timeframe, it has broken through the recent oscillation range upper boundary, indicating a bullish trend. Although the 1-hour RSI shows slight overbought conditions, the open interest remains stable, and the buy-side depth is significantly better than the sell-side, indicating that the main funds have not exited but are actively supporting the market, preparing for the next upward move.

🎯Direction: Long

⚡Entry/Order: 0.0386 - 0.0395

🛑Stop Loss: 0.0375

🚀Target 1: 0.0425

🚀Target 2: 0.0440

🛡️Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through Target 2, consider holding part of the position to chase profits.

(Order Book Logic: Over the past 24 hours, the price has increased by more than 15% with high volume, but open interest has not decreased, which is a typical sign of capital inflow. Market depth data shows buy orders far exceed sell orders, with a depth imbalance reaching 5%, indicating strong support below. When the 1-hour price retests the moving average support, buy orders are active, which is a healthy upward continuation structure. )

Check real-time market 👇 $EDEN

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