$$EDGE Long Position Observation +85.22% – Strong Surge After Breakout
The price has broken out of the previous platform with increased volume, and the moving averages are beginning to diverge bullishly. This is a typical signal for the start of a trend.
Key Levels
· Support: 0.580 - 0.600 (breakout level and EMA9)
· Resistance: 0.648 (previous high) / 0.700
Trading Plan
· Entry: 0.590 - 0.610 area (confirmation on pullback)
· Stop Loss: below 0.540 (break below breakout platform)
· Take Profit: 0.645 / 0.680
The volume is well-coordinated, and the pullback after the breakout is an opportunity to ride the trend. The short-term increase is significant; waiting for a correction is safer.
⚠️ Not financial advice. DYOR, control positions in the early stage of the trend.
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