$EDU /USDT today was under a lot of pressure. The price is currently trading at 0.1398 and the 24h change of -8.93% has clearly made the short-term sentiment bearish. The market mood is currently weak but not completely hopeless, as buyers have created a slight bounce from the bottom.
The first thing that stands out when looking at the chart is the strong support zone at 0.1353, from where the price made a clean reversal wick. This level seems to be a momentary defense area for buyers.
On the resistance side, the first hurdle is at 0.1418 — rejection has already occurred from here. If this level breaks, a smooth move towards the short-term target of 0.1450–0.1460 could be possible, otherwise, the price may again come under sideways or downward pressure.
Overall vibe: EDU is currently showing short-term weakness, but if support holds, there is a chance of a quick relief rally. Smart entries should only be around the support, otherwise, the trend is clearly in favor of sellers.
