#EDGE (edgeX) – Overextended channel top fade
Short bias on $EDGE at/above pivot
Entry: 1.10 – 1.14
SL: 1.20
TP1: 1.07
TP2: 1.03
TP3: 0.99
EDGE sits near its pivot and recent highs with RSI in the mid 60s, so buyers are in control but stretched. Shorting near 1.10+ is basically a bet that momentum stalls and price mean‑reverts toward the cluster of moving averages just above 1.00.