Trading Plan Short $EDEN
$EDEN is starting to look overheated after the recent parabolic expansion move
Momentum remains elevated, but price action is beginning to show weaker follow-through as buyers struggle to maintain the same aggressive pace near highs.
📌 Trade Setup:
🔴 Entry: $0.122 – $0.128
🛑 Stoploss: $0.135
🎯 Targets: $0.11 / $0.096 / $0.08
📊 Analysis:
• Parabolic move becoming overstretched
• Momentum cooling near resistance
• Liquidity crowded around recent highs
• Volume-to-market-cap ratio signaling unstable conditions
Without fresh absorption from buyers, profit-taking pressure could trigger a sharp cooldown very quickly
Trade $EDEN carefully 👇
#RMJ_trades
#SkyBridgeCryptoFundLosses
#StateStreetAcquiresStrategyShares
#USInflationForecastUpOnIranConflict
#SpaceXS1FilingRevealsBTC
$EDEN is starting to look overheated after the recent parabolic expansion move
Momentum remains elevated, but price action is beginning to show weaker follow-through as buyers struggle to maintain the same aggressive pace near highs.
📌 Trade Setup:
🔴 Entry: $0.122 – $0.128
🛑 Stoploss: $0.135
🎯 Targets: $0.11 / $0.096 / $0.08
📊 Analysis:
• Parabolic move becoming overstretched
• Momentum cooling near resistance
• Liquidity crowded around recent highs
• Volume-to-market-cap ratio signaling unstable conditions
Without fresh absorption from buyers, profit-taking pressure could trigger a sharp cooldown very quickly
Trade $EDEN carefully 👇
#RMJ_trades
#SkyBridgeCryptoFundLosses
#StateStreetAcquiresStrategyShares
#USInflationForecastUpOnIranConflict
#SpaceXS1FilingRevealsBTC