🚨 $EDGE Strategic Sniper: The Reclaim Setup
The unlock panic is being absorbed. While retail is selling the "airdrop backlash," the Sniper is watching for the structural reclaim of the psychological $1.00 level.
Entry Zone: $0.895 – $0.915 (Consolidation Support)
Target 1 (TP1): $0.965 (MA-99 Resistance Re-test)
Target 2 (TP2): $1.030 (Previous Local High)
Target 3 (TP3): $1.190 (Macro All-Time High Target)
Stop Loss (SL): $0.855 (Below the recent swing low)
Trade Logic: EDGE is printing a "Rounded Bottom" formation on the 1H timeframe. The 24h volume-to-market cap ratio of 12.5% suggests legitimate institutional interest rather than a speculative pump. As long as the $0.865 floor holds, we are positioning for a relief rally toward the MA(99). A 4H candle close above $0.97 will confirm a trend reversal and open the door to the $1.19 ATH.
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