🚀 $EDGE /USDT – Long Trade (Well-Planned Entry Strategy)

Trade Type: Long – Short-term Trading.

Entry Zones:$EDGE

- First Entry: 0.3680 – 0.3740 after a positive rebound confirmation on the 15-minute timeframe.
- Alternative Entry: After a breakout above 0.3860 and holding above this level, followed by a successful retest.

Take Profit Targets (TP):$EDGE

- TP1: 0.3900
- TP2: 0.4020
- TP3: 0.4180

Stop Loss (SL):

- 0.3580

Resistance Levels:

- 0.3860
- 0.4020
- 0.4180 – 0.4220

Support Levels:

- 0.3740
- 0.3615
- 0.3480

Trade Analysis:

EDGE is showing clear bullish momentum, supported by an increase in trading volume. The moving averages on the 15-minute timeframe also indicate a positive trend.

However, the price is approaching the 0.3860 resistance level. Therefore, waiting for a pullback and retest may provide a better entry and reduce the risk of buying at the top.

Risk Management:

- Wait for confirmation of the price direction before entering the trade.
- Avoid entering during sharp upward movements without a retest.
- If momentum weakens and selling pressure appears, consider exiting rather than waiting for the targets.
- Stick to the specified stop-loss level and avoid adding to the position when the price reverses.

#EDGE #USDT #Binance