$EDGE /USDT – Long Setup
The recent short liquidation cluster around $0.4086 suggests a liquidity sweep into resistance. Price is holding above intraday support, and as long as buyers defend the current structure, continuation toward higher liquidity remains possible.
📈 Direction: Long
🎯 Entry Zone: $0.404 – $0.409
🛑 Stop-Loss: $0.395
Take Profit Targets:
• TP1: $0.418
• TP2: $0.428
• TP3: $0.440
The market structure remains constructive with higher lows forming on the lower timeframes. Volume increased during the liquidation event, indicating active participation rather than a simple rejection. A sustained hold above the $0.400 support area keeps the bullish scenario valid, while the $0.418–$0.420 region is the first notable resistance to clear.
⚠️ Invalidation: A clean breakdown and acceptance below $0.395 would invalidate the setup and suggest buyers have lost control. Maintain disciplined position sizing and avoid chasing entries outside the planned zone.
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