definitive

🚨 $EDGE Clear Downtrend

The trend is unequivocally bearish (price below all MAs, strong capital outflows). However, multiple oscillators (RSI, KDJ, Bollinger %B) are at extreme oversold levels, increasing the probability of a technical bounce or consolidation before the next leg down. A direct short here carries the risk of a sharp, short-covering rally. The optimal strategy is to wait for a pullback to a resistance area to enter a short with better risk/reward.

Entry short $EDGE :
1. Preferred (Aggressive): Wait for a price bounce towards resistance 0.644-0.633 area.
2. Alternative (Conservative): break and close below support 0.605 with sustained volume could signal a continuation of the downtrend

Stop-Loss: For a short entry near 0.633-0.644, set a stop-loss at 0.655-0.665

Target Price $EDGE : at 0.605- 0.590
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