$EDU /USDT has been on an impressive upward trajectory on the chart. The price has broken above a key resistance level at $0.5550 and is currently trading at $0.5662. The bullish momentum is evident from the green candles and the increasing volume.
Entry:
Consider entering a long position at the current price of $0.5662.
Resistance & Support:
* Resistance: $0.5750
* Support: $0.5600
Take-Profit Targets:
* TP1: $0.5750
* TP2: $0.5800
* TP3: $0.5850
Stop Loss:
Set a stop loss at $0.5550 to protect your position from potential downward movement.
Caution:
While the current trend is bullish, it's important to exercise caution and consider using a trailing stop loss to lock in profits as the price moves higher. Additionally, keep an eye on the market for any signs of stability or potential breakout signals.
