$EDU Trading Signal - Uptrend Momentum Building
The $EDU pair is currently trading at $0.5347 (+2.24%), showing a strong rebound from recent lows. Buyers are stepping in, indicating potential continuation toward resistance levels.
Suggested Entry Zone:
Enter within the range of $0.5300 - $0.5400, capitalizing on the current momentum.
Target Levels:
Target 1: $0.5500
Target 2: $0.5650
Stop Loss:
Place a stop loss below $0.5150, managing the downside risk.
Market Observation:
The 1-hour chart reflects a sharp bounce with increased volume, signaling renewed bullish activity. If the price sustains above $0.5300, a breakout toward $0.5500 is likely, with $0.5650 being the next key resistance. Traders should watch for strong price action above $0.5400 to confirm further upward movement.