EDGE is down 15%, but trading volume has shrunk to the lowest level in the past week—it's a brutal drop, yet no one is stepping in to buy. Something’s off.
Usually, a sudden plunge comes with a surge in volume from panicked selling. This time, a low-volume, slow decline suggests what? Either the supply is highly concentrated and hasn’t been dumped yet, or both bulls and bears are holding back, waiting to see which way things go. More importantly, price nearly touched the 0.30 level but refused to break it—before 0.30 was a strong support point; now it’s become a psychological line in the sand.
A drop on declining volume plus key support holding—seasoned traders know this kind of structure often leads to a rebound. But if 0.30 truly breaks, then what follows is a deep pit. I won’t bet on direction, but I will watch the volume—I'll move when volume expands. If you agree, hit like and see how many people are waiting for the same signal.
#EDGE
Usually, a sudden plunge comes with a surge in volume from panicked selling. This time, a low-volume, slow decline suggests what? Either the supply is highly concentrated and hasn’t been dumped yet, or both bulls and bears are holding back, waiting to see which way things go. More importantly, price nearly touched the 0.30 level but refused to break it—before 0.30 was a strong support point; now it’s become a psychological line in the sand.
A drop on declining volume plus key support holding—seasoned traders know this kind of structure often leads to a rebound. But if 0.30 truly breaks, then what follows is a deep pit. I won’t bet on direction, but I will watch the volume—I'll move when volume expands. If you agree, hit like and see how many people are waiting for the same signal.
#EDGE