$EDGE USDT SHORT — Bearish Relief Exhaustion & Breakdown Setup
Price encountered heavy rejection at the 0.3736 high and is now losing momentum during a weak consolidation bounce. Decreasing volume on the attempt to push higher signals buyer exhaustion, setting up a high-precision short opportunity:
Entry: 0.3455 – 0.3510
TP1: 0.3380
TP2: 0.3296
TP3: 0.3200
SL: 0.3560
Staying capped below key lower-high resistance confirms seller control for a breakdown toward major support targets.
Price encountered heavy rejection at the 0.3736 high and is now losing momentum during a weak consolidation bounce. Decreasing volume on the attempt to push higher signals buyer exhaustion, setting up a high-precision short opportunity:
Entry: 0.3455 – 0.3510
TP1: 0.3380
TP2: 0.3296
TP3: 0.3200
SL: 0.3560
Staying capped below key lower-high resistance confirms seller control for a breakdown toward major support targets.