$USDT:
$EDEN ⢠Current Price: 0.4133
⢠24h High / Low: 1.4010 / 0.1500
⢠24h Change: +175.53% (strong upside volatility)
⢠Bollinger Bands (15m):
⢠Upper: 0.6033
⢠Middle: 0.5059
⢠Lower: 0.4085
⢠Price is trading near the lower band, showing possible oversold pressure.
Long Trade Signal Analysis
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Bullish Points
⢠Strong 24h percentage gain (+175%), shows big momentum.
⢠Price is consolidating above 0.40, showing buyers defending support.
⢠Order book shows 48.81% buy pressure, nearly balanced, with bids building around 0.412â0.413.
â ď¸ Risks
⢠After a huge spike to 1.4010, price retraced heavily, meaning volatility is extreme.
⢠Currently under the Bollinger midline (0.5059), meaning it needs breakout confirmation for sustained upside.
đ Long Setup Idea
⢠Entry Zone: 0.41 â 0.42 (current price)
⢠Targets:
⢠TP1: 0.505 (Bollinger midline resistance)
⢠TP2: 0.60 (Bollinger upper band)
⢠Stop-Loss: Below 0.38 (to avoid deeper drop risk)
This is a short-term speculative long signal but requires tight risk management since EDEN just had a massive pump and dump move.
#EDENonBinance