$EDGE Bullish Breakout Above Resistance – Ready to Surge?

12
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

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。