$EDGE Short 10x | Short setup in play, with clear invalidation defined.
EDGE has reached the anticipated short trigger zone, aligning with our strategic plan. This zone will determine the viability of the mapped short scenario.
Scenario map:
- Entry range: 0.48070 – 0.48190
- TP1 / first reaction: 0.47710 (R:R 1:0.7)
- TP2 / continuation zone: 0.47430 (R:R 1:1.3)
- TP3 / extended target: 0.47010 (R:R 1:2.0)
- Risk level: 0.48690
Why this setup?
- The setup remains valid, as the 4h structure and bearish daily context are reacting within 0.48070–0.48190.
- The 15m RSI at 43 indicates potential for further selling pressure, provided the zone holds.
- Volume analysis suggests this reaction is significant: 4.00x, with 4.18K versus the expected 1.04K.
- Maintaining risk discipline is critical as we move through this zone.
EDGE has reached the anticipated short trigger zone, aligning with our strategic plan. This zone will determine the viability of the mapped short scenario.
Scenario map:
- Entry range: 0.48070 – 0.48190
- TP1 / first reaction: 0.47710 (R:R 1:0.7)
- TP2 / continuation zone: 0.47430 (R:R 1:1.3)
- TP3 / extended target: 0.47010 (R:R 1:2.0)
- Risk level: 0.48690
Why this setup?
- The setup remains valid, as the 4h structure and bearish daily context are reacting within 0.48070–0.48190.
- The 15m RSI at 43 indicates potential for further selling pressure, provided the zone holds.
- Volume analysis suggests this reaction is significant: 4.00x, with 4.18K versus the expected 1.04K.
- Maintaining risk discipline is critical as we move through this zone.