$EDEN / USDT — Rejection From Highs, Short-Term Pullback Setup
EDEN saw a strong impulsive move into the 0.078–0.079 zone, followed by clear rejection and a shift to lower highs on the 1H timeframe. Price is now trading back below the key resistance area, indicating weakening bullish momentum and a likely corrective move.
Direction: Short
Entry Zone:
0.0735 – 0.0750
Targets:
Target 1: 0.0720
Target 2: 0.0705
Target 3: 0.0685
Stop Loss:
Above 0.0790
Bias:
Bearish below 0.0760. As long as price remains under the recent swing high, downside continuation toward the 0.070–0.069 demand zone is favored. A strong 1H close above 0.0790 would invalidate the short setup and shift bias back to bullish.