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【$EDU Signal】Pullback confirmation, right-side sniper
$EDU 1H level retracement with decreasing volume back to EMA20, buy orders clearly stacking around 0.0525, deep imbalance of 9.44% leaning towards bulls. 4H MACD histogram expanding, price staying above the middle Bollinger band. In a negative funding rate environment, open interest remains stable, and short squeeze risk is accumulating.
🎯Direction: Long
⚡Entry: Enter immediately at current price around 0.0526, or add on dips to the 0.0515-0.0520 zone.
🛑Stop Loss: Below 0.0475
🚀Target 1: 0.0543
🚀Target 2: 0.0570
🛡️Trade Management:
- Execution strategy: Half position at Target 1, remaining position with stop loss moved up to entry price. If the price cannot hold above 0.0530, consider exiting early.
1H RSI 64.68, bullish momentum not yet exhausted. Order book shows heavy buy orders below 0.0526, selling pressure quickly absorbed. After a volume breakout on the 4-hour level, the first retracement often signals a quick rally in a negative funding rate market. Risk-reward ratio exceeds 4, worth a try.
View real-time market 👇 $EDU
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