Analysis: 
EDGE bounced off a major support at $0.0600 on the daily chart, aligning with the 200-day SMA and a bullish RSI divergence (oversold at 30). A double bottom is forming, suggesting a reversal. A move above $0.0660 could target $0.0750 (previous high). Volume is increasing, supporting the bullish case.
Trade Setup:
Entry: $0.0665 (above neckline)
Stop Loss: $0.0590 (below support)
Take Profit: $0.0730–$0.0750
Risk-Reward: 1:2.8
Note: Confirm with a daily close above $0.0660. Manage risk to avoid fakeouts in low-cap tokens. #EDGE #DoubleBottom #Long
EDGE bounced off a major support at $0.0600 on the daily chart, aligning with the 200-day SMA and a bullish RSI divergence (oversold at 30). A double bottom is forming, suggesting a reversal. A move above $0.0660 could target $0.0750 (previous high). Volume is increasing, supporting the bullish case.Trade Setup:
Entry: $0.0665 (above neckline)
Stop Loss: $0.0590 (below support)
Take Profit: $0.0730–$0.0750
Risk-Reward: 1:2.8
Note: Confirm with a daily close above $0.0660. Manage risk to avoid fakeouts in low-cap tokens. #EDGE #DoubleBottom #Long
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.