Before you buy $EDU READ THIS‼️‼️
Today we see a sore in the price of EDU. Is it a good time to buy?
It depends, short term? No it is not. Long term yes it is.
Let me explain..
We reversed at the buy zone and as you can see the price reacted with an impulse. However the move is unclear. On smaller time frames i cannot find a clear 5 wave move to the upside. This indicates that this can be a relief rally and another low will come in the future.
What is the best thing to do? Wait for a retrace. The buy zone is between 0.40$ and 0.69$ We are not far from it.
If you are a fan of the token i recommend opening a small spot position and DCA. Do not chase green candles. There will always be a pullback. Keep your capital safe.
This is not financial advise, im here to remind you to stay level headed. Do not be excited with green candles. When in doubt, zoom out.
Personally i do not hold this token. There are better looking charts that is worth more interest.
Happy day! Do not fomo. Do not be exit liquidity.
