【$EDGE】Shorting, Volume Exhaustion After Single-Day Doubling/High-Level Stagnation


$EDGE Single-day surge of 93%, but the latest 4-hour K-line shows a long upper shadow, and trading volume plummeted from 100 million to 25,000, with buying momentum collapsing dramatically. Price consolidating around 0.668, heavy selling pressure above—this is a classic profit-taking signal from bulls. Current position chasing highs carries far greater risk than potential gains; patiently waiting for a proper pullback is more prudent.
🎯 Direction: Short⚡ Entry: 0.668 - 0.672🚀 Target: 0.627🛑 Stop Loss: 0.699🛡️ Strategy: Consider light shorting on rebounds to resistance zones; consider adding to positions after breaking below the previous low.
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EDGE-0,73%
BTC-0,88%
ETH-2,03%
SOL-1,27%
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