$EDGE Rejection at 50-EMA – Short the Bounce!

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Analysis: EDGE was rejected at the 50-period EMA ($0.0655) on the 4H chart, forming a bearish pinbar. RSI is at 50, and MACD is crossing bearish. A move lower could test $0.0610 (Fib 0.618). Volume is low, suggesting weak buying pressure.
Trade Setup:
Entry: $0.0648

Stop Loss: $0.0660 (above EMA)

Take Profit: $0.0620–$0.0610

Risk-Reward: 1:2
Note: Confirm with a 4H bearish candle. Use tight stops for this quick trade. #EDGE #EMA #Short

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