📢 $EDGE / USDT | 🔴 SHORT | ⭐ 70%
🎯 Target: $0.35417802. Will it get there?
🎯 Trading levels:
🔴 Entry: $0.3616
🛑 Stop Loss: $0.365723
🏁 TP1: $0.354178
🏁 TP2: $0.350055
🏁 TP3: $0.345107
📈 Analysis:
The asset shows a persistent bearish structure across multiple timeframes, confirmed by the technical breakdown of key support levels. Selling pressure is supported by an increase in trading volume, which is above the usual average, while open interest has declined slightly. With weak momentum and a pattern of lower highs and lower lows, the market reflects clear seller dominance in the short term.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 Relative volume measures whether current buying and selling activity is higher or lower than the recent average, helping identify the strength behind a price move.
#crypto #EDGE #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.
🎯 Target: $0.35417802. Will it get there?
🎯 Trading levels:
🔴 Entry: $0.3616
🛑 Stop Loss: $0.365723
🏁 TP1: $0.354178
🏁 TP2: $0.350055
🏁 TP3: $0.345107
📈 Analysis:
The asset shows a persistent bearish structure across multiple timeframes, confirmed by the technical breakdown of key support levels. Selling pressure is supported by an increase in trading volume, which is above the usual average, while open interest has declined slightly. With weak momentum and a pattern of lower highs and lower lows, the market reflects clear seller dominance in the short term.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 Relative volume measures whether current buying and selling activity is higher or lower than the recent average, helping identify the strength behind a price move.
#crypto #EDGE #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.