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Hxlaw
Hxlaw
$EDGE EDGE has just experienced a sharp decline and is in a strong recovery phase. The latest big green candle shows that buying power is dominating, pushing the price up more than 10% from the bottom of 1.2200. Positive points: • Volume increases significantly at the recovery rate. • The price has broken out of the low accumulation area. • The short-term MA (5-20) has turned up, supporting the upward momentum. Risk: • The price is still below MA60 (1.3649) and MA120 (1.3655) → the medium-term trend has not completely reversed. • Strong resistance may be encountered in the area of 1.38 - 1.42. Purchase recommendation: Can buy at the current price or pull back to 1.32 - 1.34. • Take Profit: • TP1: 1.40 • TP2: 1.4236 - 1.45 • Stop Loss: 1,29 - 1,30 (below the nearest support area) Conclusion: EDGE is having a positive short-term buying trend. Suitable for 1-3 days swing trade. Should follow the volume and candlesticks for 1 hour to confirm the continuation of the increase

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