2026-03-19 18:03:08

【$EDGE】Short, Massive Rally Followed by Stagnation / Weak Buying / High Risk of Chasing

$EDGE 4-hour explosive upward move of nearly 90%, but the latest K-line shows a long upper wick with obvious buying power exhaustion. Trading volume plummeted from 1 billion level to 300 million, with a cliff-like decline in capital follow-through intention. This kind of high-level consolidation after a sharp rally is often a signal of bulls taking profits. The risk of chasing highs far exceeds potential gains.

🎯 Direction: Short🛑 Stop Loss: 0.6839 (above previous high)⚡ Entry: 0.651 - 0.653 (near current price)🚀 Targets: 0.630 / 0.612🛡️ Strategy: Light position probe, add shorts on rallies.

View Real-time Market 👇 $EDGE
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EDGE5,8%

BTC0,83%

ETH-0,9%

SOL-0,47%

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