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$EDGE Short 50x – Resistance is reacting exactly where it should.
EDGE was sold off from 0.39170–0.39510 and has started reacting downward. I’m in a Short 50x Isolated position.
Trade Plan:
- Entry: 0.39170 – 0.39510
- TP1: 0.38130 (R:R 1:0.8)
- TP2: 0.37320 (R:R 1:1.3)
- TP3: 0.36110 (R:R 1:2.0)
- SL: 0.40950
Why this setup?
- The 4h structure remains bearish, with daily context range-bound as price responds from 0.39170–0.39510 near 0.39340.
- 15m RSI prints 27, indicating stretched downside momentum, so follow-through is critical here.
- 15m volume prints 3.07x, with 1.40M traded versus 455.66K expected, confirming real sell-side participation.
My call. Your execution.
Trade here 👇 and Comment your bullish or bearish bias here and I’ll respond.
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