$EDEN already showed the important move before the dump happened.

That rising channel was controlled accumulation.

Then came the breakout expansion phase — the circled area.

But look carefully at that top structure:

• multiple upper wicks

• repeated rejection near highs

• momentum slowing after breakout

• buyers unable to sustain above peak zone

That usually signals distribution, not strength.

Then the market punished late longs with a sharp selloff.

Now the interesting part: price bounced strongly from the 0.099 zone instead of collapsing further.

So buyers are still defending psychologically important support.

Next likely scenarios:

• If EDEN reclaims 0.108–0.11 with strong candles, recovery continuation becomes possible

• If current bounce weakens below resistance again, another leg down toward lower support is likely

The mistake now would be assuming the trend is bullish again just because of one bounce.

Right now this chart is in recovery mode, not confirmed strength.

$BILL Short Running 🔻

$FIDA Short was Successful 🔻

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