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Many people haven’t realized yet that this $EDEN pull-down move has had signals long before. On the surface, it looks like range-bound consolidation at a high level, but in reality every rebound lacks volume—each time the price approaches the upper area, it gets pushed back down. I won’t hard-try to catch longs in a market like this; instead, I’ll wait for the short side to confirm.
I’d already been watching this level earlier. What truly led me to make the call was that after EDEN consecutively broke down through key levels, the retest failed to reclaim them. When 0.06541 gave the opportunity, I followed with a short position straight away. No hesitation—because the structure here has clearly changed.
Now the current price is 0.04279, and the profit shows +680.91%; the move has clearly extended. The hardest part in the middle is holding your nerve against the pullback—many people panic the moment price retraces. But as long as the key levels aren’t reclaimed on a close, the short thesis still holds.
Here, the profit has already been realized. Use an 80/20 approach to take profit in batches; keep the remaining position with a protective level and continue to watch. Don’t get greedy and lose your rhythm. If you miss it, don’t chase—don’t enter on uncertain moves. Wait for the next position with stronger certainty.
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