The question facing holders now isn’t “Should I get out?” but “How much should I sell?” $EDEL has climbed from $0.01 to $0.05, which looks great on paper, but anyone watching the chart knows that a rally of this magnitude has left light-positioned traders without a decent entry price for two straight weeks. If you hold, you’re betting the narrative can keep going; if you trim your position, you’ll have to live with the possibility that it doubles again and you only captured half the move. Both choices are uncomfortable, but this isn’t about greed or fear—it’s that your position size is out of sync with your risk tolerance.
What really matters isn’t the $0.05 price level, but trading volume. Since this rally began in mid-September, $EDEL’s daily volume has grown from $1M to $3.57M, with continued liquidity inflows providing the main support for the price rise. But since October 4, volume has gradually tapered off—$7.59M, $3.86M, $4.86M, $3.07M. The price is holding near its highs, while volume is starting to flatten. This means whether the current $0.05 range holds depends on whether the next surge in volume drives a breakout upward or a sell-off downward. If volume returns to around $5M over the next three days, keep holding; if it falls below $2M, this level is most likely forming a short-term top.
What really matters isn’t the $0.05 price level, but trading volume. Since this rally began in mid-September, $EDEL’s daily volume has grown from $1M to $3.57M, with continued liquidity inflows providing the main support for the price rise. But since October 4, volume has gradually tapered off—$7.59M, $3.86M, $4.86M, $3.07M. The price is holding near its highs, while volume is starting to flatten. This means whether the current $0.05 range holds depends on whether the next surge in volume drives a breakout upward or a sell-off downward. If volume returns to around $5M over the next three days, keep holding; if it falls below $2M, this level is most likely forming a short-term top.