$EDEN Signal】Short squeeze continuation? Waiting for a pullback to go long


$EDEN Negative fee rate -0.3245%, buy depth ratio 1.95, intense capital game. 1H RSI skyrocketed to 93.55, the upper band of Bollinger Bands at 0.0510 has been broken, price operating in overbought zone. 4H MACD bullish pillar continues to expand, but 1H volume shows contraction in the latest candlestick, slight divergence between volume and price. Depth imbalance at 32.13% indicates buy orders still dominant, but the short-term rally is too large, profit-taking piling up. Stay calm: current risk-reward ratio is poor, chasing high is risky, waiting for price to fall back into the chip-dense area is more prudent.

🎯Direction: Go long (place order waiting for a pullback)

⚡Entry/Order: 0.04088

🛑Stop loss: 0.03990

🚀Target 1: 0.04285

🚀Target 2: 0.04383

🛡️Trade management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect principal.

Depth logic: Negative fee rate persists, short capital costs high, once price stabilizes it may trigger a short squeeze. But extreme short-term RSI suggests a correction is needed, place orders waiting for a deep pullback near 0.04088 (EMA20 and EMA50 crossover zone), where buying can yield a better risk-reward ratio. If price directly breaks previous high at 0.057 with volume, abandon the order and wait for a new structure.

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