🚀 $EDEN is showing early signs of a bullish recovery — and buyers are attempting to reclaim momentum after a healthy correction.
$EDEN / USDT - LONG 📈
Trade Plan:
🔹 Entry: 0.0450 – 0.0458
🔹 SL: 0.0430
🎯 TP1: 0.0475
🎯 TP2: 0.0490
🎯 TP3: 0.0506
Why this setup?
EDEN recently surged from the 0.039 region to a local high near 0.0506, confirming strong buyer interest and a bullish market structure.
Following the rally, price entered a consolidation phase and successfully held above the MA(99), preventing a deeper correction and keeping the higher-timeframe trend intact.
The latest candles show buyers stepping back in around the 0.0435–0.0440 support zone, while price is attempting to reclaim the MA(25), a key signal that momentum may be shifting back toward the bulls.
Volume has cooled during the pullback, which is typically constructive after a strong impulsive move and suggests profit-taking rather than aggressive distribution.
A breakout above the 0.0460 resistance area could trigger fresh momentum and open the door for a retest of the recent high at 0.0506.
As long as bulls defend the 0.0430 support region, the path of least resistance remains to the upside.
Debate:
Will EDEN reclaim 0.0506 and continue its bullish expansion, or will sellers defend resistance and extend the consolidation phase?
Drop your view below 👇
