๐ป $EDU /USDT (4H) โ Bearish Continuation Setup
This chart is showing a classic fake breakout โ sharp rejection โ downtrend continuation.
๐ Key Observations:
๐ซ Strong rejection from 0.055 โ 0.060 resistance zone
โ ๏ธ Breakdown below key support (~0.048โ0.049 demand zone)
๐ MACD turning bearish โ momentum fading fast
๐ป Formation of lower highs after spike = distribution confirmed
๐ฏ 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
โ ๏ธ Invalidation:
If price reclaims 0.052+, bearish setup weakens โ possible squeeze.
๐ฌ Pro Insight:
That spike was likely a liquidity grab (stop hunt). Smart money sold into it, and now price is reverting to mean.
#EDU #JustinSunSuesWorldLibertyFinancial #KelpDAOExploitFreeze #StrategyBTCPurchase #Write2Earn