💰 $EDU – Breakdown Continuation, Bears in Control ⚠️


🔻 SHORT
✳️ ENTRY : 0.06920 - 0.07115 - 0.07270
🎯 TARGETS: 0.06820, 0.06700, 0.06584, 0.06250, 0.059470, 0.05450, 0.0440
🀄️ LEVERAGE: 20x
🔴 STOPLOSS: 0.0750
Clear lower high + breakdown structure after rejection from the 0.089 top
Price losing MA25 support and continuously printing weak bounces → sellers dominating
MACD expanding on downside + RSI staying suppressed confirms bearish momentum continuation
If 0.066 zone fails cleanly, expect a fast flush toward 0.05 region 📉
EDU45.64%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 11
  • 9
  • Share
Comment
Add a comment
Add a comment
NeonMint
· 1h ago
0.066 is indeed a critical threshold; breaking below it might really lead to testing 0.05.
View OriginalReply0
GateUser-ab9d278c
· 1h ago
looking bearish
Reply0
TvlDownBad
· 2h ago
0.089 rejection was a classic trap to lure buyers, followed by a continuous decline to even lower highs, with a very clear structure.
View OriginalReply0
FeeSwitchLobbyist
· 2h ago
If 0.066 holds to form a double bottom, you might need to reduce your short positions early, or else profits could be given back.
View OriginalReply0
BlueLakeOverlooker
· 3h ago
This analysis is quite comprehensive; the structure, moving averages, and momentum are all bearish. The key is whether the 0.066 area breaks cleanly downward.
View OriginalReply0
MintAfterCoffee
· 3h ago
0.044 is a pretty aggressive ultimate target... When it gets close, there will probably be a wave of panic selling.
View OriginalReply0
YieldYeti
· 3h ago
It looks like the short-selling advantage is obvious, but I will wait for a rebound to 0.071-0.073 before entering, for a higher win rate.
View OriginalReply0
DegenWithNotebook
· 3h ago
I'm more concerned about whether it will make a false breakout near 0.0682 before pulling back; recently, there's been a strong focus on liquidity.
View OriginalReply0
BridgeSideBanter
· 3h ago
Set a 20x leverage with a 0.075 stop loss; the tolerance is very small. It's best not to hold a heavy position, or you'll lose it all with one mistake.
View OriginalReply0
SushiAndSlugs
· 3h ago
MACD is spreading downward + RSI is sluggish; a trend-based short position is fine, but don't forget that the market will rebound once it surges.
View OriginalReply0
View More
  • Pin