$EDU /USDT – Consolidating at Support, Potential Reversal Ahead
$EDU is currently trading at $0.5143, showing a slight -1.04% decrease over the past 24 hours. Despite the short-term decline, $EDU has shown consolidation around key support, indicating the potential for a rebound.
🔑 Key Levels to Watch:
Immediate Resistance: $0.5343
Next Target: $0.6000
Support Zone: $0.4545
📈 Trade Plan:
Entry: Consider entering near $0.5143 for a short-term bounce, or wait for confirmation at $0.4545 for a more secure entry.
Target: First target at $0.5343, with a secondary target at $0.6000 if bullish momentum accelerates.
Stop-Loss: Set stop-loss at $0.4545 to manage risk effectively.
The $10.67M 24-hour volume suggests moderate interest, with -22.38% decline over the past 7 days. However, the support at $0.4545 could provide a good opportunity for a bounce. The longer-term outlook remains cautious, but potential for a short-term rebound is there.
💡 Pro Tip: Monitor volume around support levels for confirmation of buying interest and potential trend reversal.
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