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$EDGE Ready for a Big Comeback?
After crashing from around $1.55 to $0.23, EDGE finally found strong buying interest. The recent rebound suggests sellers are losing control, while buyers are stepping back in.
I believe the $0.20–$0.23 zone could act as a strong support area. If this level continues to hold, the next bullish target could be around $0.50 in the coming sessions.
The trend is improving, but watch for a successful hold above support before expecting the next leg higher.
NFA. DYOR.
$EDGE #GUSDYieldRisesto3.8%