🔴 $EDGE I’m looking for shorts here as price is still trapped in a strong downtrend and the bounce looks more like a pause than a reversal.
Short $EDGE
EP: 0.5440 - 0.5530
TP1: 0.5350
TP2: 0.5250
TP3: 0.5120
SL: 0.5635
The trend is clearly weak and the recent recovery is not convincing enough yet. Sellers still have the upper hand, and if $EDGE fails to break above the nearby rejection zone, another leg down looks likely. I would stay with the trend here.
Trade $EDGE here 👇
EDGEUSDT
Perp
0.557
-5.99%