📉 $EDGE Short Opportunity: Post-Rally Exhaustion
📉 Trade Setup (Short):
Entry Zone: $1.08 – $1.12
SL: $1.20
🎯 Targets:
TP1: $0.98
TP2: $0.88
TP3: $0.76
The price of $EDGE has experienced a strong parabolic rally, now exhibiting clear signs of exhaustion near its recent highs.
This rejection from peak levels indicates a potential pullback phase. Should the price fail to sustain above current support, a more significant correction could follow.
Consider this setup for your analysis. 💡
#EDGE #EDGEUSDT