$EDGE
is showing a strong bullish continuation structure on the 1H timeframe, currently trading around $1.40 with a solid +9.40% gain. Price action has shifted into a clear uptrend after forming a higher low near $1.09, followed by consistent higher highs and higher lows. The alignment of moving averages (MA7 above MA25 and MA99) confirms trend strength, while price holding above short-term MA support signals sustained buyer control. Volume expansion on green candles further validates bullish momentum, indicating active participation from smart money rather than weak retail-driven moves.
From a trading perspective, the key resistance sits near $1.46–$1.48, where price previously faced rejection. A clean breakout above this zone with strong volume could trigger the next impulsive leg upward. On the downside, immediate support is seen around $1.32–$1.34 (MA25 zone), followed by a stronger base near $1.29. As long as price respects these levels, dips can be viewed as buying opportunities within trend continuation. Traders should watch for consolidation near resistance—either a breakout confirmation for long entries or a rejection pattern for short-term pullbacks—but overall structure favors bullish setups unless key supports are lost.