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$EDGE — Liquidity sweep tests buyer commitment.
Long $EDGE
Entry: 0.3780 – 0.3860
SL: 0.3650
TP1: 0.4000
TP2: 0.4250
TP3: 0.4600
A fresh $1.27K long liquidation just hit EDGE at $0.38378, forcing leveraged bulls out of the market and triggering a short-term liquidity sweep. While the liquidation size is modest, it highlights increased volatility and confirms that excess leverage is being flushed from the market.
Price is now approaching a key support region where buyers may begin defending the broader structure. Liquidation-driven pullbacks often remove weak hands and create healthier conditions for a potential recovery once selling pressure starts to ease.
If EDGE holds the 0.3780–0.3860 support zone and reclaims 0.4000 resistance, momentum could quickly shift back toward the bulls. With leverage reset and downside pressure beginning to stabilize, the setup remains favorable for a rebound toward higher targets as confidence gradually returns to the market.