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【$EDGE】Short Position, Massive Rally Followed by Volume Contraction and Price Stagnation, Bull Momentum Exhausted
$EDGE After a massive 81% surge on the 4-hour chart, buying pressure has collapsed sharply. The latest 1-hour trading volume is less than one-thousandth of previous levels, with price consolidating narrowly between 0.623-0.628. Buying power depleted—this is a classic signal of weakening follow-through momentum from bulls, with extremely high risk of chasing highs.
🎯 Direction: Short🛡️ Strategy: Take profits in batches, strictly prevent drawdowns⚡ Entry: 0.628 - 0.632🚀 Target: 0.587🛑 Stop Loss: 0.642
View Real-Time Charts 👇 $EDGE
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