Currency $EDEN trading alert 💹
Short side—suggested
Entry range: 0.04637-0.04696
Stop loss: 0.04806
Targets: 0.04591, 0.04526, 0.04427
Technical analysis: With EDEN’s current trend, I can only say—classic “death cross meets” and the more you look, the more heartbreaking it gets. EMA short-term 0.05 crossing below long-term 0.05, both just lie flat; MACD also follows suit with a death cross. RSI 44 is playing dead, and the downtrend is steady like an old dog. Right now the price is 0.04657—there’s only a tiny bit between us and my stop loss at 0.04806. The market maker is basically doing the “let’s see if it breaks the level” game. Don’t get carried away trying to bottom fish. Even if it dumps, you still need to see it grind down and get below 0.046 before talking. If you truly want to lick blood off the blade, set your stop loss. If it breaks and you don’t leave, you’ll really become EDEN’s permanent shareholder.
Suggested stop loss level: 0.048060. Please adjust your position according to your own risk tolerance.
#EDEN
Short side—suggested
Entry range: 0.04637-0.04696
Stop loss: 0.04806
Targets: 0.04591, 0.04526, 0.04427
Technical analysis: With EDEN’s current trend, I can only say—classic “death cross meets” and the more you look, the more heartbreaking it gets. EMA short-term 0.05 crossing below long-term 0.05, both just lie flat; MACD also follows suit with a death cross. RSI 44 is playing dead, and the downtrend is steady like an old dog. Right now the price is 0.04657—there’s only a tiny bit between us and my stop loss at 0.04806. The market maker is basically doing the “let’s see if it breaks the level” game. Don’t get carried away trying to bottom fish. Even if it dumps, you still need to see it grind down and get below 0.046 before talking. If you truly want to lick blood off the blade, set your stop loss. If it breaks and you don’t leave, you’ll really become EDEN’s permanent shareholder.
Suggested stop loss level: 0.048060. Please adjust your position according to your own risk tolerance.
#EDEN