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【$DRIFT Signal】Confirmation of pullback, bulls strike again
$DRIFT 1H level pullback confirmation completed, price re-stands above the middle band of Bollinger Bands. The 4H MACD histogram continues to expand, indicating ongoing bullish momentum. Market depth shows sell orders stacking above 0.0364, but buy orders actively support in the 0.0360-0.0362 range, quickly absorbing selling pressure. The current price is above the 1H EMA20, with a clear intention of active capital absorption.
🎯Direction: Long
⚡Entry: Enter in batches within the 0.03627 - 0.03642 range
🛑Stop Loss: 0.03230
🚀Target 1: 0.03627
🚀Target 2: 0.03642
🛡️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 principal.
The 4H Bollinger Bands are opening upward, and the price has broken above the upper band, indicating strength. The 1H RSI is around 65, still room to rise, not yet in overbought territory. Position volume remains stable, funding rate is slightly positive, with no extreme short squeeze signals. Liquidity is usually weaker in early weekend mornings, but current buy depth is acceptable, and bulls' defense line has not been breached. Under this structure, the risk-reward ratio requires precise entry point control to avoid chasing at short-term highs.
Check real-time market 👇 $DRIFT
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