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【$EDGE】Short Position, Massive Surge Following/Severe Depth Imbalance/Main Force Distribution
$EDGE 4-hour explosive rally of 61%, massive volume but severely insufficient buy-side depth (-22.66%), typical pump and dump structure. This sharp surge is usually the peak of sentiment, not the beginning of a trend—chasing highs is just giving money to the main force.
🎯 Direction: Short⚡ Entry: 0.562 - 0.564🚀 Targets: 0.525 / 0.495🛑 Stop Loss: 0.575🛡️ Strategy: Any rebound is a shorting opportunity, build position in tranches, add positions if it breaks below 0.55.
View Live Chart 👇 $EDGE
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