
Innlegg
$EDGE
EDGE has just experienced a sharp decline and is in a strong recovery phase. The latest big green candle shows that buying power is dominating, pushing the price up more than 10% from the bottom of 1.2200.
Positive points:
• Volume increases significantly at the recovery rate.
• The price has broken out of the low accumulation area.
• The short-term MA (5-20) has turned up, supporting the upward momentum.
Risk:
• The price is still below MA60 (1.3649) and MA120 (1.3655) → the medium-term trend has not completely reversed.
• Strong resistance may be encountered in the area of 1.38 - 1.42.
Purchase recommendation:
Can buy at the current price or pull back to 1.32 - 1.34.
• Take Profit:
• TP1: 1.40
• TP2: 1.4236 - 1.45
• Stop Loss: 1,29 - 1,30 (below the nearest support area)
Conclusion: EDGE is having a positive short-term buying trend. Suitable for 1-3 days swing trade. Should follow the volume and candlesticks for 1 hour to confirm the continuation of the increase

Ansvarsfraskrivelse: OKX Orbit-innholdet er kun gitt for informasjonsformål. Finn ut mer
Svar
Ingen kommentarer ennå. Vær den første til å svare!