*$EDEN /USDT – Fading the Bounce*
*Position:* Short
*Entry:* 0.03950 – 0.03964
*Stop Loss:* 0.04029
*Targets:*
TP1: 0.03903
TP2: 0.03867
TP3: 0.03814
While most traders are jumping in to buy the dip, I’m betting on a ∼4% pullback instead.
*Why this looks shortable:*
- *4H chart:* Clean bear flag formation playing out. Setup feels ∼95% bearish.
- *RSI 15m:* Sitting at 43 — not oversold yet, so downside room remains.
- *Daily trend:* Still bearish. Entry around 0.03957 to TP1 0.03903 is a tight 1.4% scalp with good R:R.
- *ATR:* Volatility is squeezing at 0.000662. Usually means a move is coming, and structure favors down.
*Question:* Is this just a bull trap before the dump, or are we finally breaking down toward 0.03814?
_Trade with caution. This is not financial advice._