$EDEN /USDT 1H — False Breakout Setup 📉

Price attempted to break above the previous local resistance around 0.067–0.070, but buyers failed to hold momentum. Multiple rejection candles near the top signal weakening bullish pressure and possible short-term reversal.

🔻 Entry: 0.0640 – 0.0650

🎯 TP1: 0.0610

🎯 TP2: 0.0585

🎯 TP3: 0.0550

🛑 SL: 0.0678

📊 Accuracy: 1000000%

⚖️ Risk/Reward: 1:2.8

Reasoning:

* Strong rejection from local high near 0.0708

* Price struggling to stay above EMA(7)

* Long upper wicks showing seller pressure

* Possible liquidity grab before downside continuation

* If EMA(25) loses support, momentum could accelerate downward fast

A clean break below 0.0630 would confirm the false breakout even more aggressively.

EDEN
EDENUSDT
0.08031
-21.36%