EDEN's entire operation was a carefully orchestrated scheme, precisely manipulating retail investors at every step!
The project team delayed token unlocking, releasing positive expectations to create a perfect excuse for a price surge.
During the surge, trading volume frequently reached hundreds of millions, yet the order book showed only tens of thousands of buy orders within ±1%, clearly indicating manipulation by the scalpers to inflate volume and indicating a high degree of control over the tokens.
Prolonged periods of narrow-range trading were deliberately designed to artificially inflate trading volume, attracting speculative funds to buy in and quietly raising the market's average cost basis.
The most ingenious move was the feigned break below key support levels, precisely wiping out stop-loss orders from long positions, followed by a violent rebound, giving retail investors no chance to react.
The entire operation was seamless, with the manipulation of volume and the inducement of more buyers executed in one smooth motion. These candlestick patterns are worth reviewing repeatedly; understanding them can help you avoid 90% of the traps set by these manipulated coins!