$EDEN
EDEN/USDT Recovery Mode! 🚀 Breaking Resistance?
Market Update & Analysis 📊
EDEN is showing signs of a strong comeback, currently trading at $0.0590 with a +3.15% gain in the last hour! After testing the lower supports, the bulls are back in control.
Technical Insights:
V-Shape Recovery: Price has bounced back from the $0.0556 low and is now challenging the upper Bollinger Band.
RSI Strength: The RSI (10) is at 65.57, showing strong upward momentum without being extremely overbought yet.
MACD Flip: We are seeing a positive crossover on the MACD, suggesting the bearish trend is shifting to bullish.
Volume Spike: Buying volume is increasing, which supports the current price jump.
💡 Potential Trade Setup:
Aggressive Entry: Current price $0.0589 - $0.0592.
Safe Entry: Wait for a candle to close above $0.0597 (24h High).
Target 1: $0.0615
Target 2: $0.0640
Stop Loss: Below $0.0550 (Recent swing low).
Note: EDEN is in the "Seed" category, which means higher volatility. Always trade with a plan and manageable risk! 🛡️
Is this the start of a massive pump for EDEN? Drop your predictions below! 👇
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