๐Ÿ”ป $EDU /USDT (4H) โ€” Bearish Continuation Setup

This chart is showing a classic fake breakout โ†’ sharp rejection โ†’ downtrend continuation.

๐Ÿ“‰ Key Observations:

๐Ÿšซ Strong rejection from 0.055 โ€“ 0.060 resistance zone

โš ๏ธ Breakdown below key support (~0.048โ€“0.049 demand zone)

๐Ÿ“Š MACD turning bearish โ†’ momentum fading fast

๐Ÿ”ป Formation of lower highs after spike = distribution confirmed

๐ŸŽฏ Trade Setup (Short Bias)

Entry: 0.0475 โ€“ 0.0490 (pullback zone)

Stop Loss: 0.0525

Take Profit Targets:

TP1: 0.0440

TP2: 0.0410

TP3: 0.0385

โš ๏ธ Invalidation:

If price reclaims 0.052+, bearish setup weakens โ€” possible squeeze.

๐Ÿ’ฌ Pro Insight:

That spike was likely a liquidity grab (stop hunt). Smart money sold into it, and now price is reverting to mean.

$EDU

#EDU #JustinSunSuesWorldLibertyFinancial #KelpDAOExploitFreeze #StrategyBTCPurchase #Write2Earn