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$EDEN 24-hour trading volume is 27.4M, but the price has dropped from 0.0505 to 0.0460. This wave of rise is being absorbed by retail investors, while smart money is withdrawing.
My trading plan: Enter gradually in the 0.0440-0.0460 range, stop loss at 0.0395, first target at 0.0500, second target at 0.0545.
Position size controlled at 5% of total funds. If it breaks below 0.0440, do not add more, wait for the second buy point near 0.0404.
Remember: Volume expansion at a high level with stagnation in price is a risk signal. Now at 0.0460, neither rising nor falling, wait for a pullback to support before acting.
I only trust numbers in trading, not stories. Those chasing the rally at this position will likely be blaming the market in the group chat in two weeks.
Make a good plan, wait for signals, and execute.
No trading outside the plan.