$EDGE
Short 50x | Supplies must remain stable or the thesis is null and void.
EDGE is now at the critical area that supports the bearish outlook. It entered early, and this zone is acting as a pivotal decision marker for us.
Trading plan:
- Entry: 0.60070 – 0.60410
- Target 1: 0.59040 (R:R 1:0.8)
- Target 2: 0.58240 (R:R 1:1.3)
- Target 3: 0.57040 (R:R 1:2.0)
- Stop loss: 0.61840
Why such a setup?
- The setup is still valid due to the alignment of the 4-hour structure with the 1D confined/within-range context at this key zone.
- RSI15 at 57 indicates neutral momentum, allowing for potential downside; I prefer sellers to exploit this space instead of merely touching it.
- Current volume at 4.00x, with 39.86K traded versus 9.97K expected, highlights genuine participation from the sell side.
Enter here 👇 and tell me how you see it: a disciplined short opportunity, or a setup that traps late sellers?
Educational information only. Not advice, not an offer, not a solicitation, and not a recommendation. You act, and you bear the risk.