🔥 Checking out
$EDU right now – it's looking pretty bullish overall, with a solid uptrend that's been hanging out in this consolidation zone. Not gonna lie, it's got some nice momentum building.
On the volume side, those recent green candles had some serious action – we're talking 2.83M and 5M volumes, which screams strong buyers jumping in during the breakout. But lately, volumes are dipping a bit, so maybe we're in for a little breather or consolidation phase. Keep an eye on that.
As for capital flows, the futures side is killing it with big net inflows: +286k over 24 hours, and even bigger positives over 3, 5, and 7 days. That tells me derivatives traders are still piling in long. Spot market's the opposite though – outflows like -121k in 24h and more over longer periods, probably some folks cashing out profits. I've seen this kind of split before; futures often lead the way, so it could mean more upside soon if things hold.
Bottom line? I'm leaning cautiously long
$EDU here – figure on a dip back to support before it pushes higher.
For getting in, I'd wait for a pullback to around Support at 0.1485 USDT or the 20-day MA at 0.14732 USDT. That'd give you a solid risk-reward setup. Or, if it smashes through Resistance at 0.1531 with volume picking up, that's your green light to jump in.
Stop loss wise, I'd go with about 3% below your entry – say, if you're in at 0.1485, set it at 0.1440. That covers the usual swings
Targets
$EDU ? Shoot for next resistance at 0.1555 USDT
What do you think – anyone else eyeing EDU?
#EDU #EDUUSDT #OpenCampus