$EDEN (4H) — Recovery Expansion Long

Bias: Bullish

Entry Zone: $0.0390 - $0.0402

Targets:

TP1: $0.0418

TP2: $0.0440

TP3: $0.0465

Stop Loss: $0.0370

Why this Setup:

EDEN is attempting to reverse momentum after printing a strong recovery reaction from the recent local bottom near the $0.036 region. The latest candles show buyers stepping in aggressively after the selloff exhaustion, with price now reclaiming short-term structure candle by candle.

What stands out here is the speed of the rebound. Instead of weak sideways drifting, EDEN produced impulsive recovery candles with expanding volatility often an early indication that accumulation is taking place beneath the surface.

The current range around $0.040 is the key decision zone. If bulls maintain pressure above this area and force continuation, the market could quickly rotate back toward the previous supply levels.

As long as higher lows continue forming, momentum favors further upside expansion.