Analysis: 
EDGE is breaking above a key resistance at $0.0650 on the 4H chart, forming a bullish pennant after a rally from $0.0600. The 50-period EMA ($0.0625) is acting as support, with rising volume confirming buyer interest. RSI is at 58, indicating room for upside. A breakout could target $0.0720 (Fib 1.618 extension).
Trade Setup:
Entry: $0.0655 (post-breakout)
Stop Loss: $0.0620 (below EMA)
Take Profit: $0.0700–$0.0720
Risk-Reward: 1:2.5
Note: Wait for a 4H close above $0.0650 to confirm. Use tight stops due to crypto volatility. #EDGE #Bullish #Breakout
EDGE is breaking above a key resistance at $0.0650 on the 4H chart, forming a bullish pennant after a rally from $0.0600. The 50-period EMA ($0.0625) is acting as support, with rising volume confirming buyer interest. RSI is at 58, indicating room for upside. A breakout could target $0.0720 (Fib 1.618 extension).Trade Setup:
Entry: $0.0655 (post-breakout)
Stop Loss: $0.0620 (below EMA)
Take Profit: $0.0700–$0.0720
Risk-Reward: 1:2.5
Note: Wait for a 4H close above $0.0650 to confirm. Use tight stops due to crypto volatility. #EDGE #Bullish #Breakout
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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.