$EDEN Breakout Fails: Sellers Take Over

After a strong Bullish rally ... Now a retest and correction phase .. bearish trend dominant

Trade Plan

Where to Sell: 0.1180 – 0.1260 (Entry zone for short)

First Target: 0.1050

Second Target: 0.0980

Safety Net: 0.1390 (Exit if the price breaks above the high)

EDEN is losing its upward power on the 1-hour chart after hitting a peak at 0.13860. The price has started to turn around with red candles showing that sellers are moving back in. It is currently dropping down toward 0.11662, signaling that the strong upward run is over and a downward correction is beginning.

Click below to take trade

EDEN
EDENUSDT
0.05014
-7.64%