🚀Here’s a complete technical analysis and trade signal for
$EDEN /USDT:🚀
📊 Technical Analysis: EDEN/USDT
Current Price: $0.1708 (-18.28%)
24h High / Low: $0.2187 / $0.1701
24h Volume: 86.34M EDEN / 16.63M USDT
Trend Analysis:
EDEN is in a strong short-term downtrend, dropping ~18% recently.
Current price is very close to the 24h low ($0.1701), suggesting oversold conditions and potential for a short-term rebound.
Momentum is bearish, so caution is required.
Support Levels:
1. $0.170 – 24h low, immediate support
2. $0.160 – previous consolidation support
3. $0.150 – stronger historical support
Resistance Levels:
1. $0.185 – first short-term resistance
2. $0.200 – medium-term resistance
3. $0.218 – 24h high / major resistance
Indicators Insight:
RSI: Oversold → potential bounce
MACD: Bearish but may form bullish divergence near support
VWAP: Price below VWAP → confirms short-term bearish bias
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💹 Trade Signal: EDEN/USDT
Strategy: Short-term rebound / recovery trade
Entry: $0.171–$0.173 (near 24h low support)
Stop-Loss: $0.168 (slightly below support)
Targets:
1. Target 1: $0.185 – first resistance
2. Target 2: $0.200 – medium-term resistance
3. Target 3: $0.218 – 24h high / major resistance
Risk Level:
💡 Pro Tip:
Wait for a confirmation bullish candle (hammer or engulfing) before entering long.
Take partial profits at each target to secure gains.
Monitor trading volume; stronger rebounds occur when accompanied by rising buying volume.
#BTRPreTGE